Originally Posted by Rain Man:
I don't know if I've mentioned this stock before, but even before the pandemic stuff I had a stock that was doing really well for me called SLP. It's a tiny company that develops software to do simulations of drug absorption and other molecular stuff. It's growing, profitable, and even pays a small dividend. For some reason it made a huge jump today, though I don't see any news. I'm not proposing it as a speculative thing, but I've had it a couple of years or more and it seems like a good long term hold if you're okay with microcaps.
SLP replaced TiVo in the S&P 600 today so I guess it's a small cap now. It's had a really good run [Reply]
- The combined company's shares to continue to be listed on Nasdaq under new ticker symbol "NKLA"
- Nikola raises more than $700 million through the business combination and PIPE, which includes Fidelity Management & Research Company, ValueAct Spring Fund and P. Schoenfeld Asset Management LP
- Raised capital expected to accelerate Nikola's production of battery-electric (BEV) and hydrogen fuel-cell electric vehicles (FCEV)
- Nikola's pre-orders represent more than $10 billion in potential revenue
- Nikola's hydrogen network anticipated to cover North America; set to become the largest hydrogen network in the world
- Nikola adds Stephen Girsky, current CEO of VectoIQ and former Vice Chairman of General Motors Corporation, to its Board of Directors [Reply]
I've always shunned bonds because I've always had the view that long-term stock holdings are the way to go. But at some point soon I'm going to get on the glide path to retirement and I don't want to encounter turbulence. What do you guys know about municipal bond funds? Something that could get me a 5 percent consistent return without worry of dividend cuts would be nice. Something like NVG seems like it could do that. Thoughts? [Reply]
