Do you think this is a good time to buy a little bit more to lower the cost now?
similarSeahors43431
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@kevinszk, I would hold off for now. Could go either way as of now. I think we will know more clearly in the next week.
Karomak11
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@similarSeahors43431, any particular signs you are looking at today and tomorrow? seems like we are in no mans land. flip a coin unless we get news
similarSeahors43431
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@Karomak11, Thursday is the next day to expect news that I can find. We need volume and good news to keep this going. Otherwise might break down. Stoploss 22.20 for traders.
Karomak11
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@similarSeahors43431, thank you for feedback. holding 900 shares at $21.70. Considering exiting and going into Hyllion and then waiting to enter back in. What happens Thursday? Im thinking either merger news or riding workhorse with usps news is only catalyst.appreciate your thoughts
similarSeahors43431
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@Karomak11, Directors vote for merger confirmation. Then they will set a date. Could see really bullish trend if they can pull it off this month and get to production before the end of the year. WKHS is most likely going to get USPS contract IMO. But at a 2.5 bil market cap seems like the news is mostly built in.
I would hold DPHC until merger is close to being completed. HYLN is overvalued like NKLA IMO.
Path to production is key.
Karomak11
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@similarSeahors43431, great tip on DPHC. I agree that USPS deal is built into WKHS, but i believe at 25% of contract. if they get the majority however, 75%.....i think we have a long ways to go. interesting thoughts on HYLN. Ill look into it deeper. VIrgin and Chargepoint are my other 2. Thanks!!!
Karomak11
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vote extended to following week. holding 20.70 support is key
similarSeahors43431
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@Karomak11, Where did you see that info? Its not filed with the SEC so just wondering.