Gem-Hunter

WKHS - USPS Deal $218 & No Deal $4

NASDAQ:WKHS   WORKHORSE GROUP INC
There is a possibility of USPS contract to $WKHS in the last week of Sept or 1st week of Oct (due to market correction). If it does, going to hit $218-$220 (Based on fib levels).

In case there is no USPS deal then it's going to pull down to $4.

Comments

I'm shaking in my boots right now
+1 Reply
all the way to 218??
Reply
going back to $4? what about the Lordstown IPO?
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Gem-Hunter isaacfho2013
@isaacfho2013, In case there is no deal it'll go back to $4. Lordstown IPO is a just a small catalyst which will impact a little unlike USPS deal which is a jackpot.
Reply
kabitz isaacfho2013
@isaacfho2013,
$4.00 if no contract ? please elaborate on this.
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Question: I am wrong by thinking that WKHS can get a % of the total USPS contract? IMO it won't get the 100% of it but USPS must include EV in its new trucks.
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Gem-Hunter bacola88
@bacola88, Since the contract is for 180k vehicles, i don't think it gives the contract to any single company. Either it can split among three or at least two. USPS can include both EV as well as Hybrid and WKHS likely to get either 33% or 50% of the contract.
Reply
bacola88 Gem-Hunter
@Gem-Hunter, I agree with that, I was just surprised that you considered "no deal and back to 4$"
Reply
Gem-Hunter bacola88
@bacola88, Because, $4 is the strongest support it has.
Reply
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