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He is supposed to talk about manufacturing tonight- anything is possible- and it is Ohio after all.
“Workhorse would be an equity investor in the former GM facility Cain said.”
Article via FreightWaves earlier today:
https://www.google.com/amp/www.freightwaves.com/news/vice-presidents-comments-about-workhorse-securing-funds-to-buy-gm-plant-premature/amp
We will probably learn more on the 6th
Ditto- inclined to believe the VP over lower level politicians that may have had their thunder stolen. C’est la vie!
Ohio Senators to meet with Workhorse on Friday
https://www.vindy.com/news/2019/aug/01/senators-workhorse-meet-friday-discuss-lordstown-d/
There is no negative news today that I can find anywhere. MMs may be playing games or flippers selling off ahead of news. I bought in at a buck and riding free shares. Not selling my shares until all the news is carved in stone.
Someone is working overtime to drive it down today. Lock down your shares folks. Set a high sell price so they can’t borrow your shares.
Volume is high again for the first hour. Added more earlier to my stash.
Looking forward to watching WKHS today, and Trump tonight in Cincinnati (event starts at 7pm). Maybe a nugget of info will be dropped.
Benzinga article today:
Pence Boosts Hopes in Lordstown, Workhorse Stock with Comments on Idled GM Plant
https://m.benzinga.com/article/14171467
I believe this is the article link that you are looking for:
Why Workhorse Group Shares Soared Monday- publishes on July 15 via Yahoo Finance
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/why-workhorse-group-shares-soared-203400477.html
Pre trade looks interesting- folks may be able to grab a few shares below $5.
News link from The Vindicator- Pence: Workhorse Secures Funding for Lordstown Project
https://www.vindy.com/news/2019/jul/30/pence-workhorse-secures-funding-lordstown-project/
I’m cautiously optimistic, but I would like to hear confirmation on Thursday too or see a PR on this. Holding for now.
GLTA!
Hopefully soon we will get info either way. I certainly wish USPS would quit dragging this out. Maybe POTUS will give us a clue in Cincinnati on Thursday.
Good morning everyone. Looks good this morning out of the gate, IMO.
Waiting to hear Pence’s remarks at the plant groundbreaking ceremony in Lancaster today- maybe he will drop some info.
Should be an interesting news day. I will be watching to see if any aspect of WKHS is mentioned.
Beats watching paint dry. Lol
Good morning all. Pre-trades looking good this morning.
Have a great weekend- enjoy your family! I’ll be getting the kids’ college dorm stuff bought and organized. Only 2 weekends with them left.
Looks like we may get a green close after all!
It would be nice to close green and start the weekend out right. In the meantime I may just grab an adult beverage and float around in the pool. Too hot here to do anything else today.
It’s like watching paint dry here today! Hardly any noticeable movement. Maybe something will breath some life into it before EOD. Seems stocks always trade sideways when Clay Traders gang is around.
GLTA
Well if you are an active trader you are gambling. Whether or not you do extensive DD to cover your butt will determine your success.
I think most here would agree that you shouldn’t trade if you can’t afford to lose it.
A fool and his money are soon parted!
You could at least write a new post instead of copying and pasting each time. ;)
Lol! Giddy-up!
Looks like another Wild West-style day here.
GLTA!
That is as good a guess as any. He threw in the towel faster than I thought he would.
Wow- one heck of a day!
Go WKHS
Thanks for the share. This was one of the reasons I was interested in WKHS a few years back. Their UPS trucks along with the HorseFly drones would make rural deliveries quicker.
This is a link from 2017 that showed the demo of the HorseFly drone.
Possible- $3.95 just printed
Definitely- it is on my bucket list too.
I wish I were going! My daughter has her distance flight test this week before she gets her pilots license. Would love to have her fly us out next year to the event. She would love to get her hands on an octocopter and try it out.
The event has an app you can download to see the events/vendors. I don’t see Workhorse listed, but there is a SureFly listed in Hangar A. Not sure if that is one and the same.
Would love to see pics of the event if you are able to post them.
Good morning JFB- nice to see you here. It has been a long ride. Hopefully we will have USPS news in the near future.
Looks like a wild ride this morning! Let go or get dragged, as the saying goes.
GLTA
Until the USPS announcement is made people will still buy it, oversold or not. I don’t think anything will dissuade them until then, IMO. It is a 50/50 chance that most longs are willing to take.
GLTA
Irrelevant to anyone holding long. Waiting on USPS contract announcement. This one trades on speculation for now.
You may be right! It is hanging in there at $3.49/$3.50.
Possibly- or Market Watch doesn’t have the staff to keep up with the updates.
I understand the importance of having the right info out, but I’ve also worked for large media organizations and know how things like this are put on the back burner due to staffing or lack of care.
BRK Inc website https://brkincorporated.com/
Why go to Market Watch for your information when you can go directly to the company’s current website?
A website is only as good as the webmaster(s) running it.
Regarding workers on EVs (electric vehicles)- “Jennifer Kelly, UAW director of research, says electric vehicles are the wave of the future. EV powertrains are simple compared to internal combustion engines. The simplicity could reduce the amount of labor, and thus jobs associated with auto production.”
Story via Wards Auto. https://www.wardsauto.com/industry/uaw-ready-fight-2019-contract-talks