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re: Is anyone following WorkHorse ( WKHS )?

Posted on 10/13/20 at 8:55 am to
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30523 posts
Posted on 10/13/20 at 8:55 am to
FYI Roth Capital received notice from USPS that the decision will be delayed until end of year. Stock will go down today

I will hold and accumulate if it goes below $22
This post was edited on 10/13/20 at 8:58 am
Posted by castorinho
13623 posts
Member since Nov 2010
82009 posts
Posted on 10/13/20 at 9:07 am to
I first bought this stock at 3.7 last year when Trump was talking about with the GM facility thing.

So if there's a POTUS change, not sure how that affects it. Though Biden admin should be all over the EV aspect.
Posted by 1234567k
Baton rouge
Member since Nov 2015
2067 posts
Posted on 10/13/20 at 9:13 am to
Looks to me like usps is giving Wkhs time to get their act together
I think they want to give them the contract but are nervous about an unproven company
Posted by supadave3
Houston, TX
Member since Dec 2005
30228 posts
Posted on 10/13/20 at 9:20 am to
quote:

However he can sell those calls between now and then if the stock is trending that way and make a profit. For example if you bought 09/23 $30 calls on Friday, you could have sold them yesterday for a 100% profit even though the stock itself went up under double digit.


Got it. That makes perfect sense. You'd be selling potential at that point. That makes sense.

So in this specific case, the investor should have sold yesterday (hindsight) because of the drop we're seeing today and the uncertainity around it.
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 10/13/20 at 10:15 am to
Strong hands here boys. I went from being up 90% a couple days ago when it touched $30 to 50% as I type this.
This post was edited on 10/13/20 at 10:16 am
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 10/13/20 at 10:18 am to
Are we thinking buying opportunity today or panic mode?
Posted by thejudge
Westlake, LA
Member since Sep 2009
14032 posts
Posted on 10/13/20 at 10:20 am to
shite. I sold some to move into dphc.

Down 8% on it
Posted by PillPusher
Gulf Coast
Member since Oct 2009
5704 posts
Posted on 10/13/20 at 10:20 am to
Down 50% on my calls haha. Oh well. At least I’ve still got some time to recover. Hopefully.

Hey supadave I paid $5.61 for each of those calls. Now as of typing this they're worth $2.25 a piece. That’s the power (and downside) of options. Can compound on your really quick.
Posted by supadave3
Houston, TX
Member since Dec 2005
30228 posts
Posted on 10/13/20 at 10:22 am to
quote:

Are we thinking buying opportunity today or panic mode?


I sure as hell aren’t buying more but I’m not selling either. I’m just going to close my eyes and stick my finder in my ears, ala Jim Carey in Dumb and Dumber.
Posted by Auburn1968
NYC
Member since Mar 2019
19262 posts
Posted on 10/13/20 at 10:58 am to
It triggered my stop loss at the opening bell this morning.
Posted by jimjackandjose
Member since Jun 2011
6495 posts
Posted on 10/13/20 at 10:58 am to
Sold my dphcu for profit yesterday and held my wkhs. Basically sitting at a wash right now.

Posted by Ballstein32
Member since May 2020
363 posts
Posted on 10/13/20 at 11:07 am to
I set my stop loss at 20. Hoping it doesn't come to it though.

I was up over 100% when it skirted $30 and now.....well this sucks. Lol

I still have faith in this company and still think they will win part of the usps contract.

Let's hope we get some good news from somewhere else with workhorse.
This post was edited on 10/13/20 at 11:08 am
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 10/13/20 at 11:17 am to
Y'all should come to expect these swings by now. I'm not freaking out over a 12% move (either direction). It's the nature of this one.
Posted by spaghettioeauxs
Baton Rouge
Member since Jan 2017
1038 posts
Posted on 10/13/20 at 11:35 am to
Link to Burrows Instagram Announcement

Joey Burrow just announced a partnership with Lordstown Motors. WKHS owns 10% so that’s kind of positive news on a bad day?
This post was edited on 10/13/20 at 11:37 am
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 10/13/20 at 12:04 pm to
Ha! Damn, no doubt.
Posted by supadave3
Houston, TX
Member since Dec 2005
30228 posts
Posted on 10/13/20 at 1:19 pm to
quote:


Y'all should come to expect these swings by now. I'm not freaking out over a 12% move (either direction). It's the nature of this one.


Not freaking out by any means, but did think that we’d be coasting upwards for awhile.

Disappointed, yes.
Posted by supadave3
Houston, TX
Member since Dec 2005
30228 posts
Posted on 10/13/20 at 2:36 pm to
quote:

ey supadave I paid $5.61 for each of those calls. Now as of typing this they're worth $2.25 a piece. That’s the power (and downside) of options. Can compound on your really quick.


Thanks for the info. I think I get the fundamentals of it and am pretty damn sure I’m not ready for all that quite yet.

Posted by 1234567k
Baton rouge
Member since Nov 2015
2067 posts
Posted on 10/13/20 at 9:35 pm to
Dangit .. I was supposed to be buying a car today with my winnings....
My wife is pissed !
Somebody better fix this $&@" now !
Posted by 1234567k
Baton rouge
Member since Nov 2015
2067 posts
Posted on 10/14/20 at 7:28 am to
Workhorse Group (WKHS) Receives Additional Executive Order From the California Air Resources Board for its C-1000 Extended Range Electric Truck

October 14, 2020 8:04 AM
Posted by 1234567k
Baton rouge
Member since Nov 2015
2067 posts
Posted on 10/14/20 at 7:31 am to
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