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re: Is anyone following WorkHorse ( WKHS )?

Posted on 2/12/21 at 7:40 pm to
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1380 posts
Posted on 2/12/21 at 7:40 pm to
quote:

I'm assuming USPS didn't announce the bid yet again? I can't find anything on it.


USPS announced 12/20 the NGDV AWARD was delayed till 01/1/21-03/31/21. No announcements yet, we are very close. GL
Posted by wahoocs
Lafayette, LA
Member since Nov 2004
22333 posts
Posted on 2/12/21 at 8:57 pm to
Me too
Posted by GREENHEAD22
Member since Nov 2009
19603 posts
Posted on 2/12/21 at 9:31 pm to
Don't forget us over here. I have the Discord chat however that is a hard platform to keep up with. A lot of activity, makes it hard to even fake doing your work.
This post was edited on 2/12/21 at 10:01 pm
Posted by supadave3
Houston, TX
Member since Dec 2005
30262 posts
Posted on 2/12/21 at 10:26 pm to
I have a good bit of money and plan to RIDE the WKHS.l for all of 2021.

Not all, but lots of eggs in that basket. Please don’t let me down.
This post was edited on 2/13/21 at 8:35 am
Posted by Ballstein32
Member since May 2020
366 posts
Posted on 2/13/21 at 9:06 pm to
One thing that I've noticed that I find weird is after ARKQ sold a bunch of shares a few weeks ago it has been slowly adding more lately. (Thats not the weird part...)

On 1/26 it had 2,106,093 shares
On 2/5 it had 2,207,097 shares
On 2/9 it had 2,372,922 shares
On 2/12 its up to 2,481,487 shares


The weird part to me is I subscribe to ARK investments daily emails regarding the buying and selling of shares in all of ARK's EFT's but it hasn't mentioned once the buying of shares of WKHS since the big sell-off weeks ago but they continue to add shares.

Anyone know why they aren't posting the addition of these shares? I find that really odd.
Posted by BlackPawnMartyr
Houston, TX
Member since Dec 2010
15311 posts
Posted on 2/13/21 at 9:09 pm to
Hoping the price drops more so they can buy more?
Posted by tigerfan4444
Member since Apr 2008
702 posts
Posted on 2/14/21 at 2:03 am to
I noticed the same thing with ARK. I receive those daily emails as well. It seems like the information isn't complete for some reason. Using your figures, it isn't an insignificant number of shares that they are adding in WKHS.

In January I saw ARK had sold TSLA shares, a little here and there, in what seemed to be a portfolio adjustment so that the number one holding wouldn't become too large of a position in the funds -- ARK k/q/w and/or to raise some money for new buys. I think Cathie Wood said in an interview that if she just held TSLA like she would prefer and not sell it, it would be 20-25% of the fund.

Then someone else pointed out that ARK had increased the number of TSLA shares it held. Since this was the case, why bother selling any shares of TSLA in the first place and where are the buys of TSLA in the ARK desk emails?

I keep a separate tally of the 5 active funds with holdings in each to see how the number of shares held in each equity has changed over time.

Keeping track of their buys and sells is interesting. I was hoping to pick up some HIMS back in late January, but was looking for a pull back. Got the email on the 27th of January that they had purchased 461,611 shares of HIMS that day. The stock is up over 72% in less than 3 weeks. Although I only received the one email of the 461,611 share purchase; on Feb 9th, they had 499K shares; and as of Friday, February 12th, they hold 506,274 shares of HIMS -- a 9.6% increase from the initial purchase. Where are the emails reflecting that?
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2127 posts
Posted on 2/16/21 at 9:55 am to
The beat down continues. We may see the 20s again if this keeps up.
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2127 posts
Posted on 2/17/21 at 10:33 am to
Fell off the cliff today.
Posted by Ballstein32
Member since May 2020
366 posts
Posted on 2/17/21 at 10:40 am to
No news, the ridiculously dumb collaboration video with Pritchard for the superbowl (featured Ford vans way more than workhorse),and the stupid hit pieces from investor place....not surprising. Have patience my friend.

Remember a month or so ago it jumped up to 30 then dropped to 18ish and then jumped to 40. Contract news is coming by end of March. If it gets delayed once again then perhaps bail, but wait until atleast then
Posted by Auburn1968
NYC
Member since Mar 2019
19514 posts
Posted on 2/17/21 at 11:02 am to
quote:

Fell off the cliff today.


It's not alone in that.

Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/17/21 at 11:47 am to
quote:

tigerfan4444


Yo, check this out:

ARK Stock Tracker
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/19/21 at 2:33 am to
Any concern the big money in Ford makes out with the contract? Makes me wonder as I contemplate buying this dip.

quote:

But they also might worry about saddling the Postal Service, already facing criticism for slow delivery, with new, unproven technology from a small company. That’s why Biden could pressure the agency to go electric but use a mature automaker such as the Ford-Oshkosh team as the supplier. They could also look at new suppliers such as General Motors or Rivian. Such a move would create more delays in the truck replacement program. Yet, given the speed that Amazon is moving to electric vehicles, it could still launch within a year or two with a fast track approach.



LINK
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1380 posts
Posted on 2/19/21 at 5:31 am to
quote:

Any concern the big money in Ford makes out with the contract? Makes me wonder as I contemplate buying this dip.


Valid question. Regardless of Ford announcing a EV Transit van for 2022, that is not the vehicle submitted during the bid process. Ford / Oshkosh submitted a hybrid. Assuming there are no bid revisions, the bid requires 75% of the NGDV are 100% EV. WKHS is the only 100% EV vehicle remaining. GL
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/19/21 at 6:53 am to
Thanks for the info. Aiming to get to 100 shares today. Will definitely be my biggest holding for my individual account.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31131 posts
Posted on 2/23/21 at 12:28 pm to
Anyone planning on buying the dip, or do we think this decline is because someone knows something leading into the earnings call?
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3086 posts
Posted on 2/23/21 at 12:29 pm to
I would buy the heck out of it if I had any money freed up.
Posted by stewie
Member since Jan 2006
3951 posts
Posted on 2/23/21 at 12:32 pm to
quote:

Anyone planning on buying the dip


Bought 25 more shares @26.98 this morning.
Posted by go ta hell ole miss
Member since Jan 2007
13626 posts
Posted on 2/23/21 at 12:58 pm to
I bought more at $27.04. Averaging down, but running out of bullets.
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4205 posts
Posted on 2/23/21 at 2:05 pm to
suspended down
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