| WKHS [NASD] |
| Workhorse Group Inc. https://workhorse.com/ |
| Consumer Cyclical | Auto Manufacturers | USA |
- Wall Street analyst (Roth Capital) downgrade has investors selling off
- $33 to $27 and neutral
- USPS announced that the much anticipated zero-emissions contract will be delayed until later in the year.
Follow the Money
Insiders are selling
CEO Duane Hughes
"Spotlight on the EV Space" https://www.cnbc.com/video/2020/08/06/workhorse-ceo-duane-hughes-on-lordstown-motors-public-debut.html
Good reminder of codes
https://stocktrot.com/learn/form4/transaction-codes
Grain of salt.. Richard Branson sold $500m of SPCE to help keep his other companies afloat and he's all in on space travel.
Current Thought
EV tickers have gone up exponential. Healthy pull-backs are part of the game. Some companies after the September market pull-back recovered well like TSLA and others all their shady activities came more to light than ever before NKLA.
8275% rally in < 2 years
2500% rally in 5 months
Sounds a bit over inflated to me short term. I'd be looking for $20's for secondary entry.
Also strong competition from TESLA and even less know brands like hylion. Just made video: "HOT Texas EV Trucking Company (Why I'm Long HYLN Stock)" https://youtu.be/9FCVutf7N_Q
Lower float = big moves
Video(s)
Is WKHS Stock Still A Buy!? (or.. Buy Rumor Sell News Play)
