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Workhorse Group Stock Gains 22.6% Over the Past Week- Rated Strong Buy
https://www.investorsobserver.com/market-intelligence-center/stock-update/workhorse-group-wkhs-stock-gains-22-6-over-the-past-week-rated-strong-buy/
Looking good pre market again. Loosen the reins and let this horse run!
GLTA
That would be very nice indeed.
Strong finish today. Looking good, IMO.
TY for this info!
When I tried it I got a password protected sign on. Maybe it is under construction today?
Good morning Blanka!
I’m ok with a leak... lol
Go WKHS!
Very interesting action this morning. High of $4.12 so far. I don’t see any news, but perhaps something is coming today.
New article: Drone Logistics and Transportation Market 2019 Global Analysis, Growth, Size, Share Trends Forecast to 2025.
*WKHS listed as a Key Player
https://www.einnews.com/pr_news/493931598/drone-logistics-and-transportation-market-2019-global-analysis-growth-size-share-trends-forecast-to-2025
This one basically has 30 cent swings most days, so pre market can help figure out what it will trade during a given day. Depends if you are a day trader or a long for it to matter to you I guess!
Looking good pre market. Hit $3.85 already.
Yep- still hanging in there!
Seems to be positive news
New article: Verb Technology Company Short Interest Up 29.9% in July
https://www.google.com/amp/s/mayfieldrecorder.com/2019/08/13/verb-technology-company-inc-nasdaqverb-short-interest-up-29-9-in-july.html/amp
New article: How Should Investors React to Verb Technology Company Inc.’s CEO Pay?
https://www.google.com/amp/s/simplywall.st/stocks/us/software/nasdaq-verb/verb-technology-company/news/how-should-investors-react-to-verb-technology-company-inc-s-nasdaqverb-ceo-pay/amp/
New article via FreightWaves:
Workhorse Group Prospects Brighten as Production of Electric Step Vans for UPS Nears
https://www.google.com/amp/www.freightwaves.com/news/workhorse-group-prospects-brighten-as-production-of-electric-step-vans-for-ups-nears/amp
“Cowen analyst Jeffrey Osborne raised his estimate for Workhorse shares $2.00 to $4.00 based on the company beginning production in the fourth quarter of more than 1,100 lightweight electric-powered NGEN vans. Most of the orders are for last-mile delivery use by United Parcel Service.”
With news supposedly coming in the next 10 days or less, I would certainly hope so.
GLTA
I agree. Looking forward to the next 10 days to see what is announced.
That would be fantastic for Youngstown. That area could really use some good news.
Yes, I was just checking out a Tesla car and saw Panasonic battery packs. It seems to bode well for WKHS if that is their battery partner.
Lordstown Motors Eyes 2020 Start to Production: CEO Sets Quick Timetable
Article via Tribune Chronicle Aug. 10, 2019
https://www.tribtoday.com/news/local-news/2019/08/lordstown-motors-eyes-2020-start-to-production/
New article from the Detroit Free Press discussing the USPS contract and the finalists.
My two takeaways regarding WKHS: 1) the UAW has to agree to the Lordstown sale and 2) the USPS May wait until the end of the year to announce the contract winner.
https://www.google.com/amp/s/amp.freep.com/amp/1954959001
The recent S-3 does name Panasonic as their battery supplier.
Recent Form S-3 posted under “News”
JoeG- the battery supplier seems to be Panasonic.
This article mentions how Duke Energy is helping with recycling the Panasonic batteries for Workhorse:
https://www.google.com/amp/s/www.trucks.com/2019/03/25/workhorse-delayed-by-financial-setbacks/amp/
This is an older article also mentioning Panasonic:
https://www.globenewswire.com/news-release/2016/02/22/812745/0/en/Workhorse-Group-Inc-Signs-Supply-Agreement-With-Panasonic-Industrial-Devices-Sales-
Company.html
Article - GM Plant Could be ‘game changer’ for Workhorse
Via Tribune Chronicle: https://www.tribtoday.com/news/local-news/2019/08/gm-plant-could-be-game-changer-for-workhorse/
Another interesting day here. $3.65 printed and it is still climbing.
Article via FreightWaves.com
Workhorse Group Takes Paper Hit
https://www.google.com/amp/www.freightwaves.com/news/workhorse-group-takes-paper-hit-because-of-politically-fueled-share-run-up/amp
It all will come down to the USPS contract, IMO.
GLTA
Agreed- I don’t know if you have L2 real time trades, but it is up to $3.30 right now in after hours. I hope it continues to climb.
I’m back up to 12k and that is as much as I want to throw at this.
I hope we both make a buck on this one!
Agreed. IMO, once the ink has dried on the deals (probable if you believe the OH Senators), longs will be happy. A little profit taking along the way never hurts either.
Always surprised with WKHS. Never a dull moment!
GLTA
Looks that way today.
Bought a few at the nice dip.
GLTA
Pre trades hanging in there at $4. Should be interesting to see what this does today after the earnings call.
After Friday’s news with the Ohio senators I don’t see the price changing much until official PRs come out. Only a matter of time, IMO.
Good morning all! Let the games begin!
GLTA
WKHS is the Little Engine That Could! Nice comeback today, IMO.
Good morning JFB! I agree, huge over reaction. A few shorts may have made a little during the falling knife on the chart. We will see where sentiment is at the opening bell. Still waiting on that elusive USPS announcement.
GLTA!
New quote from Cain in today’s article from Salem News.
“‘Cain said ‘Pence is absolutely correct’ that momentum is building at Workhorse and the new company, and ‘we believe we are closer to the day when electric pickups start rolling off the line at Lordstown’.”
The name of the startup is Trumbull Automotive, according to Sen. Sean O’Brian.
https://www.salemnews.net/news/local-news/2019/08/answers-sought-over-pences-workhorse-lordstown-remarks/
Depends on the USPS contract announcement
Interesting indeed! Thanks for the share.