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Started By
Message
re: Is anyone following WorkHorse ( WKHS )?
Posted on 2/23/21 at 6:06 pm to GeauxGutsy
Posted on 2/23/21 at 6:06 pm to GeauxGutsy
quote:
No offense, but if you watched months of investing/profit disappear in the last 7 days and did nothing—that’s on you.
3.5 years of market returns got wiped out in like 5 days last march. Should people have cashed out?
1
Posted on 2/23/21 at 6:42 pm to JohnnyKilroy
quote:
3.5 years of market returns got wiped out in like 5 days last march. Should people have cashed out?
The entire market vs an individual stock is a little different animal.
The whole market won’t go belly up, for starters.
Posted on 2/23/21 at 7:00 pm to slackster
Well.... unless the correction is coming.
Posted on 2/23/21 at 7:04 pm to SkinnyTestaverde
Rigged just like the election.
Gov contract, Dems in power. Trump had the endurance PU showcased in front of the white house last year.
Dems hate Trump.
I should have known better.
Gov contract, Dems in power. Trump had the endurance PU showcased in front of the white house last year.
Dems hate Trump.
I should have known better.
This post was edited on 2/23/21 at 7:05 pm
Posted on 2/23/21 at 7:04 pm to SkinnyTestaverde
quote:I wonder how many in congress bought Oshkosh in the last week or so.
Lost to a defense contractor without a vehicle lmao
God dam I hate DC
Posted on 2/23/21 at 7:14 pm to Jake88
quote:
I wonder how many in congress bought Oshkosh in the last week or so.
The rumor is 3 so far.
Posted on 2/23/21 at 7:15 pm to hombreman9
quote:
Well.... unless the correction is coming.
:sigh:
A stock market correction is not a 45% drop in a single day.
Jesus, it's like you're comparing AAPLs with NAZI WKHSs.
Posted on 2/23/21 at 7:27 pm to Guntoter1
This is the risk you take when you buy a stock that’s immediate future rest on a binary outcome. This isn’t surprising at all. I’m surprised at how so many are shocked. The entire run up of this stock was based on this contract and they didn’t get it. Did everyone expect the stock to just drop 5% on this kind of news?
Posted on 2/23/21 at 7:30 pm to hombreman9
quote:
Well.... unless the correction is coming.
I said belly up. The market has never gone belly up. Thousands of individual stocks have.
Posted on 2/23/21 at 7:38 pm to PillPusher
I am not shocked. Took a small position and was ready for any outcome..... but what can I say? I like the stock.
Posted on 2/23/21 at 7:52 pm to hombreman9
Well, this makes me sick. Mother frick.
ETA: bad joke
ETA: bad joke
This post was edited on 2/24/21 at 8:17 am
Posted on 2/23/21 at 8:05 pm to supadave3
Easy there buddy lol
Posted on 2/23/21 at 8:13 pm to SkinnyTestaverde
Glad this was a tiny position for me. Probably looking for a spike to ~$18-20 and put those $ into more HYLN to hope to make it up.
Posted on 2/23/21 at 8:15 pm to supadave3
quote:
Well, this makes me want to shoot myself in the mouth. Mother frick.
WKHS will come back. It’s a solid company.
Posted on 2/23/21 at 8:59 pm to supadave3
quote:
this makes me want to shoot myself in the mouth. Mother frick.
Don't do it!
Posted on 2/23/21 at 9:26 pm to PetroBabich
quote:
Don't do it!
I won’t. It’s not THAT bad. I’m more sick of the feeling of lost POTENTIAL than actual money.
About 10% of my portfolio was in WKHS and RIDE. This just coupled with the rest of the drops the last few days stings a good bit.
In my head, this was going to hit $80/share at some point, so it seems like such a loss. The actual lost money is pretty manageable.
Posted on 2/23/21 at 9:52 pm to supadave3
Perhaps WKHS can do like Tesla and rise off of other manufacturers money (RIDE). Cheap handmade cars aren’t going to be very profitable. They were forecasting 300-400 vehicles produced this year, mostly in 4th qtr and hoping to make up to 1800 next year. Net loss over 84mil on 565k in sales. With that burn rate and 260mil cash on hand, you can do the math.
Posted on 2/23/21 at 9:56 pm to supadave3
quote:
I won’t. It’s not THAT bad. I’m more sick of the feeling of lost POTENTIAL than actual money.
About 10% of my portfolio was in WKHS and RIDE. This just coupled with the rest of the drops the last few days stings a good bit.
In my head, this was going to hit $80/share at some point, so it seems like such a loss. The actual lost money is pretty manageable.
I bought Ensco and RIG. They were good stocks, then the bottom fell out. I bought other stocks that are in the green. There will be times we buy good companies, and something happens beyond our control. This will happen in the future.
At some point the debt load countries are holding will cause a collapse. No one knows when this will happen. If the US keeps printing money, the US Dollar will become worthless. No one knows when this will happen. Some people have been warning about this, but not one person can say when this will happen. Putting money in the market today is very risky. More risky than the past couple of decades. Holding cash is very risky too.
If anyone knows what to do with cash today, I am all ears.
Posted on 2/23/21 at 9:58 pm to obdobd918
Wkhs probably declined the contract because USPS wouldn’t pony up the money.
Posted on 2/23/21 at 10:04 pm to Fox McCloud
quote:
Wkhs probably declined the contract because USPS wouldn’t pony up the money.
Well, the did but it was 8 days late and pretty beat up.
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