The announcement that USPS had chosen to go with another option instead of Workhorse led to a crash in WKHS stock. It alsospawned a lawsuitaccusing the company of misleading investors over its chances to win the contract. Understandably, some investment analysts quickly issued downgrades in the a...
Before wrapping up, I want to talk a little about WKHS stock’s technicals. As you can see from the chart below, shares are trading below the 50-day moving average, a bearish signal. However, the share price is above the 150-day moving average, and there is also support at the $15...
(WKHS) in 2020 as Tesla Inc. (TSLA) stock continued to rev higher. Both of these corporations are now penny stocks that trade 99% below their all-time highs. Can a Correction Turn Into a Crash? All stock market crashes start out as corrections. This realization can prompt some investors...
( wkhs ) in 2020 as tesla inc. ( tsla ) stock continued to rev higher. both of these corporations are now penny stocks that trade 99% below their all-time highs. can a correction turn into a crash? all stock market crashes start out as corrections. this realization can prompt some ...
“He calls the company a leader in last-mile delivery solutions and [has] established a new $23 price target for shares,” according toBarron’s. WKHS stock iswayovervalued, of that there’s no question. But this may be one of the better bets you’ll make in 2020, so long as you ...
Keep in mind, the baseline odds of purchasing stock is 50-50. It’s a coinflip in the short run. Part of the appeal of using options is to shift the odds in your favor, to create a position with a probability of profit well north of 50%. For a low-priced ticker like WKHS,...
Shares of Spartan Energy Acquisition erupted higher in June. Of course, that was around when shares ofTesla(NASDAQ:TSLA),Nio(NYSE:NIO),Workhorse(NASDAQ:WKHS) andNikola(NASDAQ:NKLA) were ripping higher, too. I mean, Tesla garnered a market capitalization of $475 billion at one point in th...
Plus, alternative-fueled fleet vehicles don’t have a great track record. A case in point isWorkhorse Group(NASDAQ:WKHS), which you can argue got hyped to oblivion. Stay Far Away from Lordstown Motors Still, isn’t that bump up recently in the RIDE stock price worth considering? If you’...