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re: Is anyone following WorkHorse ( WKHS )?

Posted on 2/4/21 at 1:28 pm to
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/4/21 at 1:28 pm to
Wonder why Fidelity rates WKHS as very bearish yet it keeps going up?
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
2104 posts
Posted on 2/4/21 at 1:32 pm to
quote:

Wonder why Fidelity rates WKHS as very bearish yet it keeps going up?


Because the algorithm only sees ALL TIME HIGH stock price. The computer doesn't know about the USPS AWARD. GL
Posted by Upperdecker
St. George, LA
Member since Nov 2014
33468 posts
Posted on 2/4/21 at 1:32 pm to
Don’t trust analysts
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/4/21 at 1:33 pm to
quote:

Don’t trust analysts


I dont trust them, I'm trusting a guy I don't know on a sports board.

Posted by Upperdecker
St. George, LA
Member since Nov 2014
33468 posts
Posted on 2/4/21 at 1:36 pm to
AT only benefits here if his pick is right. Analysts have a number of ways they can benefit. They don’t have to be correct to benefit. I’d imagine AT does as much work as they do, probably much more per stock pick he tells us about than analysts do since they cover more stocks. But analysts can give a sell rating to a stock in order to lower a stock price and allow their brokerage to buy in, then profit when the stock price goes up

You can argue analysts may often benefit more from giving us the incorrect position (bullish/bearish) on a stock and using their actual DD internally allows them to benefit far more
This post was edited on 2/4/21 at 1:38 pm
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/4/21 at 1:38 pm to
I'm all in with it. Not really all in, but I'm acting as if and trusting until something says otherwise. Here's hoping we all increase our net worth.
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9650 posts
Posted on 2/4/21 at 1:47 pm to
quote:

I dont trust them, I'm trusting a guy I don't know on a sports board.




In AT we trust!
Posted by Upperdecker
St. George, LA
Member since Nov 2014
33468 posts
Posted on 2/4/21 at 1:57 pm to
I don’t all in on anything but I’ve followed his posts and done some DD on my own and feel pretty good about most of it. I’m not a believer in ZOM, but it’s hard to argue the results. I might just be ignorant on that one
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/4/21 at 2:16 pm to
quote:

I don’t all in on anything but I’ve followed his posts and done some DD on my own and feel pretty good about most of it. I’m not a believer in ZOM, but it’s hard to argue the results. I might just be ignorant on that one




I need to learn how to do that as well, I just dont have the time. I'm not all-in either, just being a bit facetious. I should end up with about 6 positions when I get into the penny game. And that's aside from my 401k/457b that are solidly in index funds that I don't touch. Vanguard Admiral Shares are the stone cold nuts.
Posted by EyeOfTheTiger311
Lafayette, LA
Member since Aug 2005
4595 posts
Posted on 2/4/21 at 2:19 pm to
WKHS still creeping up! +18% today
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36943 posts
Posted on 2/4/21 at 4:10 pm to
quote:

No, but I’m kicking myself. I sold off WKHS yesterday so I could buy more pins before earnings... hoping for a dip in WKHS next week so I can get back in


Doesn't look like too bad a move now. Especially if it pops when markets open tomorrow.
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2212 posts
Posted on 2/4/21 at 4:25 pm to
Hopefully the extra I put in PINS holds up. I think as of now I’d still be better off with that amount in WKHS since I would’ve gotten more shares, but I’m not complaining either way
Posted by amgslg
Member since Jun 2014
404 posts
Posted on 2/6/21 at 8:44 am to
There’s some chatter on the r/spacs board about an agreement announced Feb 5 between Oshkosh and Microvast for Microvast to develop batteries for Oshkosh future electric vehicles. The speculation is that this will help Oshkosh with its post office bid.

I sure hope not as I’ve got some WKHS. Can Oshkosh go back and change its bid?

LINK
Posted by supadave3
Houston, TX
Member since Dec 2005
32162 posts
Posted on 2/6/21 at 9:46 am to
quote:

etween Oshkosh and Microvast for Microvast to develop batteries for Oshkosh future electric vehicles. The speculation is that this will help Oshkosh with its post office bid.


That would be bitterly disappointing.

quote:

sure hope not as I’ve got some WKHS


As do I, it’s my largest holding. Definitely not all eggs in that basket, but it’s got a lot of eggs. Easter won’t be the same if it drops.
Posted by BobRoss
Member since Jun 2014
1724 posts
Posted on 2/6/21 at 9:57 am to
Everybody go downvote that post!
Posted by TheChosenOne
Member since Dec 2005
18873 posts
Posted on 2/6/21 at 10:20 am to
quote:

Can Oshkosh go back and change its bid?

No, not unless they reopen the bid process for everyone to revise their bids. If they reopen the bids for revision, WKHS is in trouble.
Posted by ThereGoesHerschel
Member since May 2011
882 posts
Posted on 2/6/21 at 10:23 am to
When will we know if wkhs is officially fricked? If they don't get that big contract is that basically time to sell it all?
Posted by castorinho
13623 posts
Member since Nov 2010
87458 posts
Posted on 2/6/21 at 10:34 am to
quote:

When will we know if wkhs is officially fricked? If they don't get that big contract is that basically time to sell it all?
if you somehow find out before the public announcement, sure. If you find out with the rest of us, it'll be too late to sell. Just weather the storm
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
2104 posts
Posted on 2/6/21 at 10:34 am to
quote:

If they reopen the bids for revision, WKHS is in trouble.


Negative. You don’t think WKHS is worth $40 today with $750,000,000 in firm orders PLUS owning 10% of RIDE? Guys this is a GAME!!! WKHS is being held down by the Hedge Funds who do not want to pay out the options.

If WKHS did not win or USPS was delayed the stock will dip shortly, then rise again. DO NOT PANIC. WKHS stock is owned 48% institutional, 9% Insiders the balance is retail. The INSIDERS & INSTITUTIONS aren’t selling shite, neither is AT. GL
Posted by ThereGoesHerschel
Member since May 2011
882 posts
Posted on 2/6/21 at 10:39 am to
Thanks AT. You still think close to triple digits eventually long term for wkhs?
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