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WORKHORSE GROUP INCWORKHORSE GROUP INCWORKHORSE GROUP INC

WORKHORSE GROUP INC

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WKHS trade ideas

$WKHS My view on this stock and harsh prediction.I have been long here, trading in and out and believe that this stock has a great future. I would like to eventually establish long term position but for now, I earn extra shares by trading it. Here is my view on what is going on here. Stock is flooded with a bunch of emotional fools that overleveraged and go all in because this time it is different. Any time when you have a crowd that is emotionally charged, you will see nasty things happening to any underlying security they trade. If you read posts on ST you will see that there is a lot of nonsense, naive people jumping up and down, talking about yachts that they already order. With each uptick, they behave like a bunch of kids. Partially that is because they are overextended here and their farm is on the line... Bunch of guys posting pics of cats (have no idea why). Overall that board is a bloody mess and I even hate to go there to sort a pile of garbage trying to find any valuable information. Well... things do not work this way. To behave like that is against the laws of God and nature. Pride, foolishness, and arrogance will not be unrewarded. So... what I see here that this stock most likely will have another nasty selloff where the majority will bailout. (I think the chance of that is 70-80%). I expect prices to hit near $2 - $2.25 where I will enter back when there is blood on the street. I understand that people will hate to read this post there and will not agree. But I am not short and not planning to go short. I just see danger and today I waited for a moment to get out. Sold my position @ $3.68. If I was wrong, that is ok. I will find another entry point that is based only on TA. Work the best for me.
NASDAQ:WKHS
by Trade2Double
3
$WKHS The way I see it how it will play out. This stock has an absolutely perfect chart. Latest selloff changed nothing, just cleared overhanging overextended longs that went on margin and had no choice but to place the stops. MM's will always hunt on those and will do many things to collect their profit on that. Do not overextend yourself and you will do great. The price will keep on going violently along the curve I set on this chart, love formation like that. Do not chase big moves, wait till pullbacks to entry, make sure you sell some on spikes to be able to buy more on dips. It will help you to stay emotionally more stable and not to kick yourself if you did not. I mean regular stuff that you must do... Relax, big moves are coming to those who sit tight in the right direction. Be thankful for lots of shorts here that are being set to push this higher. If you think about it, poor guys going in the wrong direction who are here to assist you. Some will make few coins, most will lose. Oh well, the circle of life :).
NASDAQ:WKHSLong
by Trade2Double
3
Ascending Triangle Breakout Coming!After calling the Cup and Handle breakout back in June - - and riding it up to the target, we are now finding a bullish ascending triangle forming which should bring us to our next price target of $5.60-$6.04 depending on the actual height of the triangle. To get more frequent updates, please leave a thumbs up on this chart, it really does help and motivates me to post and share more with the community! This is not trading or investment advice.
NASDAQ:WKHSLong
by CrypticTrading
WKHS confirmed breakout out of ascending trianle pattern. Few things you need to look for a perfect play in this pattern: 1. Ascending triangle are the most reliable in an uptrend, ideally when its formed after golden cross of 50 and 200 SMA. 2. Must have higher lows with increased short selling activity near horizontal upper line. 3. If you have breakout and on top of that you have new 52 weeks height, you have a confirmed winner. It will be happening for many days in the row :). 4. Be aware that price may go much higher if all of this things are in place. Usually traders take profit on pattern's height but it is not the limit, just short term target. 5. Calmly react on short whining that will be all over the social media. But this is important confirmation that you are in the right place going long here. Some people just never learn, they will keep on shorting the stock where lows are higher and higher and pay no attention to that. Denial... Then on the breakout many shorts will add more to their position and often they go all in. Be happy about that, those are your buyers at your target level. There is nothing new you can learn from a second kick from the horse. I am sure Workhorse will punish some losers many times because they never learn. Good luck on your investment. If you made money after reading this, please thank me by liking this post. That will encourage me to post many more of my picks. Thank you
NASDAQ:WKHSLong
by Trade2Double
9 Million Warrants Priced At 1.62. Short, Medium size, Entry 3/4The Stated Value of the Preferred Shares is $20.00 per unit, and the annual interest payment, which is to be paid out in quarterly installments, is 8%". That translates into $2,000,000 worth of shares per year. In regards to the warrants, if we multiply 7.41 by 1 250 000, we get 9,262,500 common shares, and it says that the warrants are exercisible ***immediately @ $1.62 per share*** During the 60 days prior to May 31, 2019, and from the Event Date to the date hereof, Arosa Capital, on behalf of Arosa Opportunistic Fund, sold 178,333 shares of Common Stock, as follows: Date Quantity Price Type of Transaction May 2, 2019 159,955 $0.9074 Open Market Sale May 3, 2019 18,378 $0.9165 Open Market Sale Says a lot about how much confidence they had in the valuation at that time, and this was before Trump pumped it on twitter. On May 31, 2019, the Company entered into a Subscription Agreement with Arosa Opportunistic Fund, in which Arosa Opportunistic Fund purchased (i) 305,000 shares of Series B Preferred Stock, with a stated value of $20.00 per share (the “Stated Value”) and a par value of $0.001 per share (the “Preferred Stock”), and (ii) warrants to purchase up to 2,260,050 shares of Common Stock at an exercise price of $1.62 per share (the “2019 Warrants” and together with the 2018 Warrants, the “Warrants”), subject to the Exercise Limitation. The Preferred Stock is not convertible and does not hold voting rights. The Preferred Stock is entitled to annual dividends at a rate equal to 8.0% simple interest per annum on the Stated Value. Accrued dividends are payable quarterly in shares of Common Stock based on a share price of $1.62. 1 250 000/305 000= 4.09(2,260,050) = The amount of warrants the preferred share holders are entitled to receive as part of the preferred share units There is also warrants exercisible at $1.25 We should assume that the rest of the warrants went to Marathon This chart pattern, and the way to price closed today, is almost a sure fire indication that they are unloading some of those warrants. Cheers, and happy trading everyone. **********WE ARE NOT FINANCIAL ADVISERS. THIS IS A HIGH RISK TRADE. CONSULT A FINANCIAL ADVISER BEFORE BUYING ANY PUBLICLY TRADED SECURITY. WE DO NOT OWN THIS STOCK, NOR DO WE INTEND TO BUY THIS STOCK IN THE NEAR FUTURE. WE ARE NOT BEING PAID TO WRITE THIS OR BEING COMPENSATED IN ANYWAY. YOU SHOULD NOT USE THIS INFORMATION AS INVESTMENT ADVISE. ALSO, BY READING THIS ARTICLE, YOU AGREE TO INDEMNIFY US OF ALL LIABILITY FOR ANY LOSSES INCURRED FROM USING OUR INFORMATION AS THE BASIS OF AN INVESTMENT DECISION *****
NASDAQ:WKHSShort
by InteractiveSwingTrading
1
Workhorse Bulls Losing Steam - Return to range highs (Long Op)Pay close attention the next few weeks. I think we're seeing a transition from bear to bull, but the long doesn't have to be forced. There looks to be plenty of trapped buyers from the descending triangle area that are selling off near their break-even. Also note the near 100% buy volume area just to make it to this level (smart money pushing price up in an instant), and then the waning buy volume at each successive peak (this is retail bulls losing steam). The instant push up creates a FOMO situation, new buyers are flooding in after Trump's tweet too, and the smart money who purchased in the range lows are dumping their holdings for a cool 200% profit. I expect price to fall at least to the old range highs (blue box), this is where liquidity lies, there will likely be people who shorted here that will gladly sell you their position. Buy there, and you'll be in a great position to sell at these local highs again, or hold for continuation of the developing trend. (or both if you like to cut some after being in the money) Good day!
NASDAQ:WKHSLong
by Hypnotix
$WKHS MORE GAINS TO BE HAD AFTER PUMP ON POTUS TWEETMR TRUMP turned this stock into a spin yesterday as it gained 300% on his tweet announcing that GM will be selling their Lordstown Plant to electric truck company Workhouse Group. Keep it on the watch for announcements and confirmations of contracts etc. Company Description Workhorse Group, Inc. engages in designing and build performance battery-electric vehicles and aircraft. It develops cloud-based, real-time telematics performance monitoring systems. The firm operates in two divisions, Automotive and Aviation. The Automotive division operates as a original equipment manufacturer of class 3-6 commercial-grade, medium-duty truck chassis, marketed under the Workhorse brand. The Aviation division offers delivery drones and SureFly multicopter.
NASDAQ:WKHS
by DEXWireNews