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Posted on 2/23/21 at 2:44 pm to DVinBR
How is this a legal contract? It stated that it was to be 75% EV and 25% other. The Oshkosh vehicle was an internal combustion engine
Damn, so this is what being buttfricked with no lube feels like
Damn, so this is what being buttfricked with no lube feels like
This post was edited on 2/23/21 at 2:45 pm
Posted on 2/23/21 at 2:45 pm to JimMorrison
quote:
Anyone buying $OSK??
THCB (Microvast SPAC) is the play. Supplying OSK with their batteries.
Posted on 2/23/21 at 2:51 pm to xenythx
Yikes. Antique Tiger, what happened here?
Posted on 2/23/21 at 2:53 pm to xenythx
Agreed THCB is the play but why is Ford not showing any jump at all?
Posted on 2/23/21 at 2:54 pm to Chucktown_Badger
Totally forgot I have a limited buy at $16 
Posted on 2/23/21 at 2:55 pm to GREENHEAD22
Wondering if it makes sense to buy a bit here to soften the blow a bit, assuming of course it rebounds off the bad news. But who the hell knows at this point.
Posted on 2/23/21 at 2:56 pm to Chucktown_Badger
quote:
Yikes. Antique Tiger, what happened here?
He said this was his largest holding last week. Im excited that I'll be paying attention this time when he comes around and lets us know his play to get all his money back
But really, sorry for anyone who was big in WKHS. At least it looks like a good time to buy the dip if youre long. Already up a few dollars.
Posted on 2/23/21 at 3:01 pm to reds on reds on reds
CAN'T BELIVE THAT contract was worth that much to the stock price.
Posted on 2/23/21 at 3:03 pm to FMtTXtiger
God damn I got burned lmao
Posted on 2/23/21 at 3:04 pm to Old Money
Well ... that one hurt
Posted on 2/23/21 at 3:06 pm to Old Money
On the bright side, at least I don’t have to hold cruise and oil stocks that are up waiting for one year to pass. I will have enough losses from this and bitcoin to last the whole year and then some.
Posted on 2/23/21 at 3:06 pm to stewie
If it double bottoms tomorrow I may buy back a bit and average down. But if this thing is going to 0, no sense in losing more. I know that AT felt this was a near 3 figure stock without the contract, but we'll see. It also feels like there's a new EV player entering the market every day...
This post was edited on 2/23/21 at 3:07 pm
Posted on 2/23/21 at 3:13 pm to Chucktown_Badger
Wonder how much the mt lost on this one altogether
Posted on 2/23/21 at 3:17 pm to Ballstein32
and here i thought I was getting WKHS on sale today at 27 bucks
FML
FML
Posted on 2/23/21 at 3:32 pm to Carson123987
Well you could buy a lot more today for a lot less
Posted on 2/23/21 at 3:35 pm to Ballstein32
I guess on a positive note, per this article, is that this contract to Oshkosh was only the part part of it valued at only 482 million.
Maybe there's still a chance workhorse gets some of it?
"The U.S. Postal Service awarded the first part of the 10-year, multi-billion dollar contract for modernization of the postal delivery vehicle fleet to Oshkosh Defense. The initial investment will be $482 million"
LINK
Maybe there's still a chance workhorse gets some of it?
"The U.S. Postal Service awarded the first part of the 10-year, multi-billion dollar contract for modernization of the postal delivery vehicle fleet to Oshkosh Defense. The initial investment will be $482 million"
LINK
Posted on 2/23/21 at 3:44 pm to Ballstein32
quote:
I guess on a positive note, per this article, is that this contract to Oshkosh was only the part part of it valued at only 482 million.
Maybe there's still a chance workhorse gets some of it?
I believe that’s misleading. From the PR release...
quote:
The award is an indefinite delivery, indefinite quantity (IDIQ) contract, meaning that after an initial dollar commitment, the Postal Service will have the ongoing ability to order more NGDV over a fixed period of time, in this case,10 years.
The initial investment is for the design and build up of production facilities for OSK. They’ll then begin paying for actual vehicle production from OSK. OSK appears to be getting the whole enchilada.
Posted on 2/23/21 at 3:52 pm to slackster
Dang
Posted on 2/23/21 at 3:57 pm to slackster
530 @ $24.11 checking in. I would think/hope we all knew this was a definite possibility. I at least thought I had the Ford hedge in place, but it hasn’t moved.
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