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re: Memory lane Workhorse (WKHS)

Posted on 2/16/22 at 8:32 pm to
Posted by caill430
Da Dirty Dell
Member since Jul 2005
1314 posts
Posted on 2/16/22 at 8:32 pm to
I just bought some more ZOM today hoping that the long term hold will cover my initial losses.
Posted by Stagliano
Member since Dec 2020
1661 posts
Posted on 2/16/22 at 8:41 pm to
ZOM was a swing trading machine for a damn good while. Only “AT stock” I ever held
Posted by Lightning
Texas
Member since May 2014
3118 posts
Posted on 2/19/22 at 5:13 pm to
quote:

Yes one and the same. I got crushed by Oxy’s fall from grace. The worst stock I’ve ever owned.



I’m still confused. When did you buy it? If you’re still talking about that Dec 2020-Jan 2021 timeframe, it’s roughly doubled in price since then (~$20 then to ~$40 now).
Posted by slackster
Houston
Member since Mar 2009
91271 posts
Posted on 2/20/22 at 8:21 am to
quote:

Sometimes it's so fkn obvious. You just have to take the blinders off.


People get their emotions involved and can’t make good decisions as a result.

They’re sitting on 500%+ profit in a month or two, but they want to be invested in the next Amazon instead of simply admitting the company they bought is a pump and dump. They don’t take kindly to anyone that tries to shine a light on the PnD because they’ve convinced themselves “it’s gone up 5x since I bought it, so obviously I’m right and this company is the real deal.”

There is no shame in making money on a PnD, but calling it anything other than that often leads others to massive losses.
Posted by skewbs
Member since Apr 2008
2194 posts
Posted on 7/20/22 at 11:44 am to
quote:

Workhorse shares are trading higher after the USPS said it plans to purchase additional electric delivery vehicles including over 34,000 commercially available off-the-shelf vehicles. Workhorse was previously a potential contender for a USPS EV contract.


Oh boy, here we go again. The stock is obviously in the shitter, but it's up almost 21% today.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35741 posts
Posted on 7/20/22 at 1:19 pm to
quote:

The stock is obviously in the shitter, but it's up almost 21% today.



Posted by tigerpimpbot
Chairman of the Pool Board
Member since Nov 2011
68750 posts
Posted on 7/20/22 at 4:57 pm to
quote:

The biggest bath I took on any Ancient Tiger stock when that USPS contract didn't come through..


Same. I’m so glad my stake was only like 20 shares at $41 or so.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
147983 posts
Posted on 3/25/25 at 12:57 pm to
NEXT STOP



THE MOON!!!







Posted by Ballstein32
Member since May 2020
416 posts
Posted on 3/25/25 at 1:45 pm to
Not to rain on your parade, but they did just have a 1 for 12.5 reverse stock split. So it's still pretty shitty
Posted by FLObserver
Jacksonville
Member since Nov 2005
15731 posts
Posted on 3/25/25 at 6:19 pm to
quote:

my stake was only like 20 shares at $41

Looking like this guy never recouped his initial purchase.
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