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re: Is anyone following WorkHorse ( WKHS )?

Posted on 10/8/20 at 7:14 pm to
Posted by Ballstein32
Member since May 2020
368 posts
Posted on 10/8/20 at 7:14 pm to
What do u make of all the insider selling? Top people in WKHS selling lots of shares

LINK


I'm not really sure of how that all works? Is that normal or is this quite a bit of selling? Lots in September
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1380 posts
Posted on 10/8/20 at 8:03 pm to
Insider trading is typically filed months if not years in advance. If a WKHS Insider filed with the SEC selling 50,000 shares 6 months in the future, no appearance of Insider Trading regardless of stock price.

The Regeneron CEO sold several million in shares shortly after the stock had a Covid run up. The SEC filings to sell these shares I believe were 2 years earlier & all monies went to a Trust.

Short sellers and media are the only people that scare the new investors with Insider Trading news.
Posted by 1234567k
Baton rouge
Member since Nov 2015
2067 posts
Posted on 10/8/20 at 8:17 pm to
Idk
But how do you get to this stage of the game if you are basically a sham company?
How could usps allow a company that is junk to make the final three?
Maybe the award is being delayed because usps has major concerns about Wkhs and is giving them time to get their act together???
This would explain the frantic hiring we heard about recently
I am very nervous
This does not look good
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