Workhorse Group Inc (WKHS)

[CeasePlz618]

Actually read the PR talking about the financing. There isn’t anything good in that article. They have no contracts and no revenue. If you read the 10-Q they have shares that are able to be dumped as of March 2020 and it is not just a few. It was from a previous POS financing deal. Them talking about UPS that is from 2017 and they still haven’t made any of the vehicles and they said themselves the vehicles have to be delivered by 2020. So they are going to build, test , and deliver 1000 vehicles this year? The more I read about this the more it says pump and dump all over it. They also say in the 10-Q that they may still do an offering. This market cap will correct shortly. Probably this week unless they are converted shares above $20 then it may stay at that level for a while. I saw a lot of shares that are able to be executed at or above that price.
All I see here is a pipe dream riddled with debt. Know what you own! Read the filings. Good luck!