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re: Is anyone following WorkHorse ( WKHS )?

Posted on 8/7/20 at 12:36 pm to
Posted by Napoleon
Kenna
Member since Dec 2007
69049 posts
Posted on 8/7/20 at 12:36 pm to
I am heavy in them.
They are getting the usps contract, book it. The contract for 6B requires zero emissions vehicles. Only Workhorse and that Turkish company Konos (sp?) Are electric. The Ford vehicle with Oshkosh is gas.

Workhorse will see 100% gains very soon.
Posted by Napoleon
Kenna
Member since Dec 2007
69049 posts
Posted on 8/7/20 at 12:40 pm to
I don't think Ford/Oshkosh have a chance because the deal calls for zero emissions for the 6b. The llv replacement is another possible thing.
Posted by Ballstein32
Member since May 2020
363 posts
Posted on 8/14/20 at 5:48 pm to
A good article posted yesterday about Workhorse on what they're trying to accomplish.

LINK


Seems like once they get FAA certification for their horsefly drone system the sky's the limit for them.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14037 posts
Posted on 8/18/20 at 12:35 pm to
October bet calls are $40 and have been busy.

Taking off now.

Wish I had some cash to drop it. All tied up.
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 8/18/20 at 12:53 pm to
Had a buy order adding to my position at $15 get filled yesterday that I had forgot about. Not sure what the spike this afternoon is all about just yet, but that order looks good about now.
Posted by castorinho
13623 posts
Member since Nov 2010
82010 posts
Posted on 8/18/20 at 12:56 pm to
quote:

Not sure what the spike this afternoon is all about just yet
options action
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 8/18/20 at 12:57 pm to
quote:

options action


I see it now; thanks.

As a speculative investor, I've been wondering what this USPS drama is going to mean for the contract to be issued soon.
Posted by Ballstein32
Member since May 2020
363 posts
Posted on 8/18/20 at 1:08 pm to
Ha! I was just about to post this. That a huge jump considering it's been trading between 14-16 the past few weeks. I wonder if that's a hint that they're getting at least a share of the USPS contract.

I'm am curious about the whole Trump/USPS bullsh!t what will eventually play out. Does anyone actually think the government will let them fail?
Posted by Golden_Retriever
USA
Member since Jun 2020
20 posts
Posted on 8/18/20 at 1:15 pm to
ETF - ARKQ adds thousands of shares daily. Over 500K currently with their 48K purchase yesterday. I'm following the money, in addition to my DD.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 8/18/20 at 1:23 pm to
With trumps repeated invest in US comments and actions, no way the Turkey group gets it unless the build a US factory.
Posted by cgrand
HAMMOND
Member since Oct 2009
38646 posts
Posted on 8/18/20 at 1:34 pm to
quote:

BREAKING: @USPS Postmaster Gen. Louis DeJoy says "To avoid even the appearance of any impact on election mail I am suspending these initiatives until after the election is concluded" adds "The USPS is ready today to handle whatever volume of election mail it receives this fall"
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 8/18/20 at 1:44 pm to
Wishful thinking has me of the opinion that awarding the contract may not be an Operational change? Not sure how big of a deal the contract is in the grand scale of the USPS, but with the hoopla surrounding USPS and add mail in balloting to that and I have serious doubts that this contract will be awarded pre Election.
Posted by Ballstein32
Member since May 2020
363 posts
Posted on 8/18/20 at 3:16 pm to
I think it's a very big deal to the USPS to replace their aging fleet and trying to save money.

"Maintenance workhours required to keep its entire fleet on the road rose 2.8 percent last year. The measure rose by 3.9 percent in 2018.  The post office spends an average of $50.66 per labor hour for motor vehicle service, according to the report.  The agency spent more than $1.2 billion on what it designates as vehicle maintenance services and rural carrier equipment maintenance last year, a 2.5 percent increase over the prior year."

LINK /
Posted by cgrand
HAMMOND
Member since Oct 2009
38646 posts
Posted on 8/18/20 at 3:35 pm to
quote:

I have serious doubts that this contract will be awarded pre Election.

the optics would be horrible...

remove sorting machines and drop boxes because the USPS is inefficient and losing money, and then spend millions on new trucks?

Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 8/19/20 at 6:36 am to
Yeah. That said, I chuckled a little bit on my way home yesterday afternoon on I-10 when I passed a wrecker with 2 USPS delivery vehicles on the back.
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 8/26/20 at 8:24 am to
Anybody got anything on the 11% pop yesterday? I tuned out yesterday afternoon, but was pleasantly surprised when I checked my accounts last night.
Posted by Ballstein32
Member since May 2020
363 posts
Posted on 8/28/20 at 12:40 am to
What do you think of this guys bearish views?

LINK

The more I read stuff like this is does have me a bit concerned about their production capabilities
Posted by jangalang
Member since Dec 2014
36263 posts
Posted on 8/28/20 at 5:42 am to
I’m not worried about WKHS. I think it’s stupid to tie them with the post office though.That may never happen and many will be disappointed with WKHS for that fact alone.
Posted by Ballstein32
Member since May 2020
363 posts
Posted on 8/28/20 at 3:56 pm to
I'm not necessarily talking about the USPS contract.

I guess production capabilities in general. All u really hear about is the 2 trucks delivered to Ryder over a month ago and vague mentions about deliveries to UPS....but I haven't heard anything about those trucks performance and if thosey are happy with them, and things like that.

They keep saying they're on schedule to deliver 300-400 Van's by the end of the year.....its just so quiet its concerning.

I'm in LT on WKHS. I believe in this company, I guess I just need some reassurance.
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 8/31/20 at 9:34 am to
quote:

BRIEF-Workhorse Group - Enters Into Strategic Agreements With Hitachi And Hitachi Capital America



WKHS doing work this am.
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