/biz/ - Business & Finance

For the person asking last thread: USPS says end of Fiscal Q2 for the new vehicle decision. That means new deadline is March 31st 2021.

Looking like the bull pennant is tightening up on WKHS. My guess is it pops up to near $19 before consolidating again.

Getting ahead of the FUD as one of the resident long-time WKHS holders here.

https://www.businessinsider.com/trump-admits-he-wants-block-usps-funding-sabotage-mail-voting-2020-8

People are going to try to tell you that the USPS contract funds are in danger, but they're not. The USPS already secured a $10 billion loan from the Treasury Department two weeks ago.

https://federalnewsnetwork.com/agency-oversight/2020/07/usps-treasury-reach-agreement-on-10b-coronavirus-pandemic-relief-loan/

USPS is laser focused on cutting costs right now, but even if they wanted to avoid spending money, the LLV replacement NEEDS to happen right now, because the LLVs are literally shitting out and catching on fire after 30 years of hard labor. And the all-electric WKHS option promises cheap fuel costs and no constant upkeep of thousands of combustion engines. The contracts will move forward as planned. Negotiations are proceeding:

https://www.trucks.com/2020/08/11/postal-service-mail-truck-replacement-contract/

And, again, however much he wants to block vote-by-mail, Trump needs Ohio optimistic and on track to "Voltage Valley" to win swing voters there. He's probably going to speak at Lordstown when the deal is announced. You'll want to buy in to WKHS, and DPHC if you want, before that happens.

>Should I buy WKHS now?

Maybe set a limit-buy at $15, given recent volatility.

>Should I FOMO into WKHS at the top after it zooms up to $25?

Absolutely not, the odds are you will end up bagholding longer than you want to.

>>21352119
Fucking incredible. Fuck Hindenburg.

Workhorse should jump on as a co-plaintiff.

>>21100379
I won't be surprised if WKHS is steady green every single day next week. Best case there's a USPS announcement and we run up to over $30.

>>20957748
I'm long on WKHS, but going all-in at the top of a one-day 15% pump is asking for trouble.

You could buy like one share to sate your FOMO and then add more on dips.

>>20958136
Yes.

Third time in two weeks that the WKHS price has bounced off 14.20 hard. I should start setting a limit buy just a bit above that.

>>20114222
They can stay poor.
I’m driving in style.

>>20082482
Fucking put it all in workhorse you dolt and wait till middle of the month. At least you’d make $10 off every share when it hits $30.
God damn you are stupid fuck. You get spoon feed info and you still screw up.

>>20049447
I've been holding WKHS for a year. It was always a long-term hold. It's still a long term hold.

You're comparing literally-who pump-and-dumps to the company that is going to replace all of America's mail trucks.

>>19906961
I have a 2.04 average. WKHS is now 35% of my portfolio. You better believe I'm comfy.

>>19868564
I've been buying since last year and more than doubled my stake when we went below $2.

I'm long as hell on WKHS. This is the "buying Tesla in 2013" moment for this company.

WKHS now up nearly 30% this week. "Tesla of the Midwest" indeed.