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re: Is anyone following WorkHorse ( WKHS )?

Posted on 8/31/20 at 2:54 pm to
Posted by Ballstein32
Member since May 2020
366 posts
Posted on 8/31/20 at 2:54 pm to
This is big news imo for Workhorse. Answers several questions I have had about this company over the last few weeks.

Still my biggest question would still be reviews of the ones currently on the road right now.

This partnership with Hitachi (a big, respected company) gives me a boost of confidence in this company as far as quality goes, and now increased production and finding dealerships for them.

"Workhorse said that Hitachi will assess its manufacturing, supply chain, and other operational capabilities, and then provide recommendations to bring those operational capabilities up to best-in-class standards. This will be essential to support Workhorse's higher production needs for its C-Series vans, which will ramp up in the next several months.

In addition, Hitachi Capital will help Workhorse develop a national dealer network and will provide financing options for its customers and franchised dealers, Workhorse said." 



LINK /
Posted by supadave3
Houston, TX
Member since Dec 2005
30268 posts
Posted on 8/31/20 at 4:27 pm to
I’ve been slowly stocking up shares of WkHS.

It’s been one of my quiet, slow, steady purchasing.
Posted by FoodExit
Mobile
Member since Jun 2011
896 posts
Posted on 9/1/20 at 5:51 pm to
Thank you for bringing this stock to my attention. It’s been a nice little money maker so far and looks like it has really good potential.
Posted by Golden_Retriever
USA
Member since Jun 2020
20 posts
Posted on 9/1/20 at 8:25 pm to
WorkHorse in the past week is finally recognized. Outside of UPS, Ryder, USPS....what about WalMart Plus? WKHS now has Last Mile Refrigerated Trucks in the Pipe-Line.

Someone asked about production. No worries- - WKHS owns 10% of Lordstown that resides in a fully equipped former GM plant that is 6 million sq ft.

DPHC is the sister company to WKHS. I am fully invested in both EV companies. GL everyone
Posted by Golgi Apparatus
Member since Sep 2009
2555 posts
Posted on 9/8/20 at 10:59 am to
Bought into WKHS before it got to 20. I’ll be watching it alongside everyone else the next few years (long).
Posted by Ballstein32
Member since May 2020
366 posts
Posted on 9/8/20 at 11:50 am to
Huge jump today.

Do u think this is from some news upcoming (or leaked and I havent seen it), just a jump from that Hitachi deal, or a piggyback effect from the GM/Nikola partnership?
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2003 posts
Posted on 9/8/20 at 12:06 pm to
all of the above plus it was announced they are hiring 200 assembly workers over the weekend
Posted by Ballstein32
Member since May 2020
366 posts
Posted on 9/8/20 at 12:13 pm to
Sweet
Posted by tigerbaiter1033
USA
Member since Nov 2011
2313 posts
Posted on 9/9/20 at 8:06 am to
Looking LT with this one, I'm averaged in at $17/Sh. Now I'm wondering if I want more?
Posted by supadave3
Houston, TX
Member since Dec 2005
30268 posts
Posted on 9/9/20 at 8:11 am to
quote:

Looking LT with this one, I'm averaged in at $17/Sh. Now I'm wondering if I want more?



That's where I'm at average wise. I got some at 14 then loaded up more as it climbed. Probably not going to buy anymore for awhile because I"m at a spot where I don't need to be putting more in the market but I hate to sell when some of the others are so low.

I'm going to take a bathe on Moderna but luckily not heavy invested it it, just hate to pull the trigger on a $20 share loss.
This post was edited on 9/9/20 at 8:16 am
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1380 posts
Posted on 9/9/20 at 12:48 pm to
Started buying WKHS late, unfortunately. Here are the important dates moving forward.

1. July 14th - WKHS 1 of 4 finalist - 3 remain Mahindra dropped out. WKHS is the only PURE 100% EV model, other 2 are hybrids. Contract states 75% of vehicles must be EV.


2. September 29th - !st Presidential debate Cleveland, OH.? WKHS is located in Lordstown, OH. & Indiana. Nice pump for Ohio jobs?

3. September 30th - USPS Fiscal year ends.....the money is already allocated, we are not waiting on additional funds.

4. October 12th - 90 days from July 14th bid submission. The original bid closing date ( March 2020 ), which was delayed due to COVID, stated BID Award no later than 90 days from bid closing date. We all assume same terms on July 14th date.

5. November 3rd - Trump tweeted about WKHS and GM months ago. Again, Ohio is a important state for Trump and the election? Late announcement for Ohio hype?

6. December 31st - Worse case scenario " by the end of the year ", in a few comments have floated around.

Follow the money. ARKQ ETF Ark Autonomous Technology & Robotics owns 602,779 shares as of 09/08/20. Cathie Wood runs this ETF, since mid-July she has bought over 300K shares leading up to the bid.....WKHS is a speculative stock. I am following the money. GL
Posted by Ballstein32
Member since May 2020
366 posts
Posted on 9/9/20 at 1:08 pm to
It really does feel like everything is lining up for Workhorse that's for sure.
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1380 posts
Posted on 9/9/20 at 3:32 pm to
Great conference call with CEO Duanne Hughes 4:00 today. 3 vehicles sizes, C-1000, C-650 now C-450...( USPS ? ) size. Up 13.82% today with AH trading. Big things to come. GL
Posted by Auburn1968
NYC
Member since Mar 2019
19551 posts
Posted on 9/9/20 at 4:11 pm to
$2 and change to $22 and change, now that's only 10X!

Posted by castorinho
13623 posts
Member since Nov 2010
82037 posts
Posted on 9/9/20 at 4:26 pm to
I was on in this one early....


Posted by castorinho
13623 posts
Member since Nov 2010
82037 posts
Posted on 9/9/20 at 4:27 pm to
And I also sold early...


Posted by jimjackandjose
Member since Jun 2011
6498 posts
Posted on 9/9/20 at 5:51 pm to
Did same. Not as good as you though.

Got back in at 21 and forgetting about it until it does a NKLA run
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 9/9/20 at 8:26 pm to
Sounds like we can wait a bit and see what happens?
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1380 posts
Posted on 9/10/20 at 9:54 am to
WorkHorse Investor Presentation 09/08/20

Photo's of USPS model, added Amazon & Walmart as potential customers? Huge opportunity on this one long term - imo.
Posted by Ballstein32
Member since May 2020
366 posts
Posted on 9/10/20 at 10:23 am to
Nice! Thanks for posting that
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