 Seriously? What's up, my name is Mr. V here. Welcome to the video, guys. So into this video, I wanted to take a look at NKLA Nikola Modos. So what happened on Friday after trading hours, the stock tanked almost about 18%. So what's going on? Is it a buy now? Is it a call? Is it a sell? What should you do? So let's take a look and see exactly what happened. Let's jump right in. So on Friday after hours, as you can see here on the chat, guys, Nikola Modos went from trading at about $49 and just tanked all the way to a low of $38 before squeezing back up $3, no $3 after hours and then finally finishing up the day at about $41.75. So this stock most recently has just been heading south for some time now. So this is not new. So you can see from where they had the high from almost about $90 when they did really good. So it's just been consistently heading south the past few weeks. And so after hours on Friday, it just completely dropped. And so a lot of people are getting confused and asking questions, what's going on? Why did it drop this way? This is very, very unusual. So here, I actually did some research and just kind of dig in to try to find out why this happened. So here is some of the news that I actually found. So basically the reason why this stock really started tanking or tanked on Friday after hours is because according to filings, Nikola Modo's plan to offer over 249 million shares, I mean, 249, that's a lot. They plan to offer that. And those are warrants that were part of their merger with Vector IQ. And so now those warrants are coming in and people are starting to panic, so they're selling them. And so for those of you that are watching, you don't know what these warrants are. So basically, a stock warrant is simply a right to purchase shares of a particular stock at a certain price determined in advance. So for instance, let's say doing the merger between Nikola Modo's and Vector IQ. If it was said that they set warrants, where they say, hey, this stock, we would exercise this warrant and buy the stock at, say, $25 a share. So it didn't matter if the stock was trading at $88 or $80. When they exercise that warrant, they'll buy the stocks at that price. And so for investors, that's not always a good sign because these people coming in and buying at a cheaper price, but you're holding it, it's so expensive. So when people hear that, a lot of investors would dump the stock and then so that it drops and then they can buy it back again to at that cheaper price and then ride it all the way up. So basically, that's the reason why this stock actually tanked. So going from $49 down to $38, and then before squeezing back up to $41, so more news just here on MarketWatch. Same thing, just explaining why this stock tanked. So you see here, yeah, fell more than 18%, which is kind of crazy. Again, like I said, this stock has just been heading south for a while now, so it's no surprise. And I guess now, so the question for you guys and for us as investors is, what should we do? Is it a buy? Is it a hold? Is it a sell? Like, what should you do at this point? So basically, if you didn't catch this going down and sold up here to try to buy down here, if you didn't catch it, you're too late for it. So I'll personally say, if you missed this, then just hold it, this stock is gonna go back up. So, but if you were able to catch it up here and sell and then you can find the bottom down here again and buy and then ride that wave all the way up. So just for transparency purposes, I don't have any shares of Nikola Motors right now. I did sell my shares when it went up to about, I sold them around $80 and I was waiting because I knew there's gonna be a pullback. So I was waiting for that pullback to get in. So right now I don't have enough money in my account, but on Monday, once I get back, get some money into my account, I'm gonna try to jump in and pick up some shares here and just wait and see if it continues to pull down. If it starts to squeeze back up, I'll pick up some shares and just hang on to them and hopefully ride the wave back to the $80, $90 line. So some interesting things is actually, they kind of tucked in here. It's just a fact that, hey, I'm looking at where analysts are saying, this company, I mean, like a plan on selling about 15,000 zero emission trucks. So the plan on selling 15,000 zero emission semi trucks by 2025 and then they wanna double that number to 50 by 2030. So in that case, they're thinking about generating about 18.2 billion. Again, guys, this estimate, there's no guarantee that this is gonna go the way they're planning, but on the flip side, if you look at something like Tesla, nobody knew that Tesla was gonna get to where they are today. So guys, the question is, should you buy, should you sell or should you hold your Nikola motors if you still have them? At this point, you probably have missed the selling point, because it's probably too late already. If it's down right now, if you're thinking about it now, it's too late. But if you were ever to sell at a high price, like I did, I sold at 80. And so my goal is to buy at the bottom here and then kind of try to ride that wave back up again. And so if you didn't, if you sold at 80, then obviously this is the time to buy. If you miss selling and it drops right now, you just have to hang on to it and hopefully ride the wave back up. So for the most part, selling, nope, if you're at this point, hold it in my opinion and buy more if you want to add to your position. And then if you can hold it and buy more, depending on where you got it previously, this would be maybe an opportunity for you to reduce your average cost per share. Question of the day, what do you think about this? Nicola Motors, again, guys, this is an EV semi truck company, electric semi truck company that hasn't produced or manufactured any trucks yet. The goal is that they plan on, you know, getting your first truck out there or start selling by 2021. So what do you think about it? Do you think that this is time to make you panic or you think, oh, this is just what happens and I believe in this company, you're gonna go back up. Let me know in the comment section. And as always, guys, right now, Weibo is running a promotion where if you sign up for them, you get two free stacks, not one, two. First one is between two and $250 and the second one is between 12 and $1,400. So I'm gonna put the link in the description below. Definitely go check them out. And as always, if you haven't already, subscribe to the YouTube channel because here we talk about how to earn money, how to save money, how to invest and build wealth. So if that's something that interests you, you know what to do, guys. Give that thumbs up, hit that subscribe button. I don't hesitate to share it with somebody, the thing that would find it useful. And as always, stay motivated.