Started By
Message

Does anyone still have RIDE or WKHS?

Posted on 8/30/21 at 4:07 pm
Posted by JDPndahizzy
JDP
Member since Nov 2013
6443 posts
Posted on 8/30/21 at 4:07 pm
I still have both and down ~75% on both.. Do we ever expect a resurgence? Should I cut bait or just keep them in hopes I'll break even one day?
This post was edited on 8/30/21 at 4:10 pm
Posted by zephry801
Member since Dec 2017
434 posts
Posted on 8/30/21 at 4:18 pm to
RIDE or WKHS you say? Hold on, let me check with my guy.

Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31131 posts
Posted on 8/30/21 at 4:22 pm to
Holding both those bags and they're heavy. I've thought about just taking the loss but will likely take that L when I sell my winners either this year or next.

What a fricking disaster both those companies are.
Posted by jerryc436
Franklin
Member since Jan 2014
517 posts
Posted on 8/30/21 at 4:31 pm to
I sold my RIDE at a huge loss to buy SLI. Still have WKHS -69%, ZOM -62%, FORW -63%, HMBL -69% and MVIS 200 shares on house money as I have been taking profits as it rallies. Down a little over 40K on those 4 losers and RIDE. was up around 60K on those 5 the first week of Feb. 100K swing really hurts.
Posted by playmakers in space
Member since Sep 2018
1257 posts
Posted on 8/30/21 at 4:40 pm to
I exited from both when they inexplicably ran up in late June. RIDE in particular appears to be a real disaster, and they both could legitimately be headed for bankruptcy unless something drastic happens.

Still bagholding ZOM, though, unfortunately.
Posted by dhuck20
SCLSU Fan
Member since Oct 2012
20379 posts
Posted on 8/30/21 at 5:13 pm to
Still got ZOM as well. Still think it's a good play but long term. Been averaging down. Wish I could take out that buy I had at about 1.80

Their model is the "razor cartridge" strategy so there's gonna be a lot of upfront costs and little sales until the buildup. From what I have seen, they are basically giving the machine out as long as the vet office commits to buying the cartridges.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30578 posts
Posted on 8/31/21 at 6:55 am to
Wait you’re telling me a used car salesman pumped some stocks to everyone and ran to hide when the stocks turned out to be lemons?
Posted by JDPndahizzy
JDP
Member since Nov 2013
6443 posts
Posted on 8/31/21 at 8:08 am to
quote:

Wait you’re telling me a used car salesman pumped some stocks to everyone and ran to hide when the stocks turned out to be lemons?

yes I think so..And its too late for lemonade.. :lol: :lol:
Posted by bass
Member since Oct 2016
3858 posts
Posted on 9/16/21 at 1:21 pm to
RIDE is sitting on a bigger % short float than gme or amc and just got it’s price target slashed in half by analysts. Time to buy?
Posted by FLObserver
Jacksonville
Member since Nov 2005
14468 posts
Posted on 9/16/21 at 4:52 pm to
quote:

Wait you’re telling me a used car salesman pumped some stocks to everyone and ran to hide when the stocks turned out to be lemons?


MY biggest losers have come thanks to this board.
I'm not naming names though I'm a big boy no one twisted my arm to buy.

Not gonna lie that ride chart looks pretty good at 6.73 though.
This post was edited on 9/16/21 at 4:56 pm
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35334 posts
Posted on 9/16/21 at 5:01 pm to
How yall didn’t dump those bags when the usps contract was announced I’ll never understand.


The whole point of the play was to hit on that contract. Wkhs was sunk as soon as they announced their bid didn’t win.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31131 posts
Posted on 9/16/21 at 6:58 pm to
AT said to stick to the plan
Posted by supadave3
Houston, TX
Member since Dec 2005
30261 posts
Posted on 9/16/21 at 8:50 pm to
quote:

The whole point of the play was to hit on that contract. Wkhs was sunk as soon as they announced their bid didn’t win.


I remember that day like it was yesterday….

I ended up selling all of both in chunks over the next 2 months or so. Luckily, I’ve had SLI booming at that time to distract me.
Posted by Ballstein32
Member since May 2020
366 posts
Posted on 9/16/21 at 11:49 pm to
I sold RIDE for a small profit. Not much though considering what the highs were.

fricking WKHS man....I thought for sure they had that contract in the bag and all through the highs +40 and as it dwindled in the 30's I held strong thinking they'd be awarded the contract. I was in the backcountry when the usps announced the contract not to WKHS so I missed the initial fall. I ended up selling around $15 and lost about $3 per share.

Every time is see, hear, or smell this stock I want to puke.

Didn't lose the house but enough to piss me off
Posted by bass
Member since Oct 2016
3858 posts
Posted on 9/17/21 at 12:11 pm to
quote:

Not gonna lie that ride chart looks pretty good at 6.73 though.

Not gonna lie, I bought a lot of ‘em
Posted by AndyJ
Member since Jul 2008
2755 posts
Posted on 9/17/21 at 12:20 pm to
I’m RIDE-ing them both to 0! Thanks AT!
Posted by jfw3535
South of Bunkie
Member since Mar 2008
4660 posts
Posted on 9/17/21 at 12:41 pm to
quote:

I’m RIDE-ing them both to 0! Thanks AT!

I'm right there with you, buddy. Fortunately, I did not take a very large position in either of them.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31131 posts
Posted on 9/17/21 at 12:45 pm to
With my shares of both getting lent out to shorts, I should be able to cover my losses in 28-30 years
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5143 posts
Posted on 9/17/21 at 12:48 pm to
I jumped in a few of the AT trades and tripled my money in a month. Only problem is I didn’t sell. Got back to my original investment and stuck it all in SLI. Doing well now.
Posted by bass
Member since Oct 2016
3858 posts
Posted on 9/17/21 at 1:50 pm to
RIDE is very intriguing to me.
Their market cap is just over $1B which is probably a comfortable valuation considering the design of the truck is largely unproven.
But they have a manufacturing facility that’s operational and it’s large. Even if they don’t produce their own trucks right now in large numbers they have the capacity to manufacture others who could use a boost in production.
Any bit of positive news should send this stock up and it’s primed for rapid growth with so few shares outstanding.

Then there’s also buyout speculations, merger talks, short squeezes, maybe wallstreetbets.... one can hope :)
This post was edited on 9/17/21 at 2:14 pm
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram