Some reasons for a rally.
1.) They received an order for 6300 vehicles. (January 4th 2021 -> http://minify.link/6lw)
2.) Big EV names ( NIO , TSLA , PLUG etc.) have made insane moves while WKHS has been standing.
3.) is coming up (March , and with the big orders there might be a big run up with expectations of positive .
4.) The open short float on January 26, 2021 was 30.99%. That is massive and if price action starts to pan out there might be a short squeeze (kind of like a sympathy play for GME , just on a way smaller scale).
I am just a small retail trader, but the idea is for the EV and Short squeeze hype to transfer to WKHS . I am willing to risk some good money on this trade, and I am not responsible for anyone elses trades.
Please criticize this play! Pick it apart, I wanna know why you think it's bad! We can all learn.
Also, there is great demand for WKHS around 28-30 which gives a great RR. Only time will tell!
WSB meme stocks are: GME, BB, AMC, NOK, PLTR, and just two or three others. Anything besides those mentioned on the subreddit doesn't get any attention. Clearly, GME is going to pop, and all the greedy fckers are all going to be searching for the next greedy investment to make. When they catch wind of the $6bln contract on the table with WKHS it is more like they take their GME Profits (or what they have left over from a loss) and throw it on other stocks including WKHS. I would really counter point you and say that GME has been sucking up all of the Money and taking away from WKHS.
Additionally, WKHS is really the runner up for the Post office deal, it is between them and a hybrid car - but biden said they are buying an electric fleet, not a hybrid fleet. I think that WKHS is a STRONG buy and that it should really be heading to the lower 70's by the end of feb.