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re: Is anyone following WorkHorse ( WKHS )?

Posted on 9/8/20 at 11:50 am to
Posted by Ballstein32
Member since May 2020
368 posts
Posted on 9/8/20 at 11:50 am to
Huge jump today.

Do u think this is from some news upcoming (or leaked and I havent seen it), just a jump from that Hitachi deal, or a piggyback effect from the GM/Nikola partnership?
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2016 posts
Posted on 9/8/20 at 12:06 pm to
all of the above plus it was announced they are hiring 200 assembly workers over the weekend
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1380 posts
Posted on 9/9/20 at 12:48 pm to
Started buying WKHS late, unfortunately. Here are the important dates moving forward.

1. July 14th - WKHS 1 of 4 finalist - 3 remain Mahindra dropped out. WKHS is the only PURE 100% EV model, other 2 are hybrids. Contract states 75% of vehicles must be EV.


2. September 29th - !st Presidential debate Cleveland, OH.? WKHS is located in Lordstown, OH. & Indiana. Nice pump for Ohio jobs?

3. September 30th - USPS Fiscal year ends.....the money is already allocated, we are not waiting on additional funds.

4. October 12th - 90 days from July 14th bid submission. The original bid closing date ( March 2020 ), which was delayed due to COVID, stated BID Award no later than 90 days from bid closing date. We all assume same terms on July 14th date.

5. November 3rd - Trump tweeted about WKHS and GM months ago. Again, Ohio is a important state for Trump and the election? Late announcement for Ohio hype?

6. December 31st - Worse case scenario " by the end of the year ", in a few comments have floated around.

Follow the money. ARKQ ETF Ark Autonomous Technology & Robotics owns 602,779 shares as of 09/08/20. Cathie Wood runs this ETF, since mid-July she has bought over 300K shares leading up to the bid.....WKHS is a speculative stock. I am following the money. GL
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