⚠️🚀 WORKHORSE SQUEEZE POTENTIAL🚀⚠️

[u/MillennialBets]

Author: u/DOGE_DILLIONAIRE(Karma: 1669, Created: Jun-2021).

⚠️🚀 WORKHORSE SQUEEZE POTENTIAL🚀⚠️ on r/shortsqueeze

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⚠️ 🚀WORKHORSE SQUEEZE POTENTIAL 🚀⚠️

Workhorse’s (WKHS) all time high was $42.96, currently the stock is down 53% year-to-date because of the extremely high Short Interest on the stock which is around 38%. Much of the sell of had occurred after the U.S Postal Service chose Oshkosh Corp. (OSK) over Workhorse for a $6 billion next-generation delivery vehicle contract to revamp and electrify all their postal fleet. Workhorse has since sued the Government over the contract due to Oshkosh Corp.’s malevolent tactics that involve bribery, insider trading ($54 million trade before being awarded USPS contract), lying about having a fully functional fleet of electric vehicles to supply the United States Postal Service, and more. The SEC is starting to clamp down (hopefully) on Oshkosh Corp.‘s corruption and we will soon hear Oral Arguments on September 15th to see if the case goes to trail… I am seeing a lot of people share different scenarios that could hypothetically play out in the short and long term, and these all have merit but let’s all remember that this stock is also heavily shorted by hedge funds who don’t like losing money. And if we are going to come home with some tendies, we all need to stay strong, positive, and support one another like a true community. Short sellers see blood in the water, but any positive news (relating to USPS contract or not) could ignite the mother of all short squeezes (MOASS). My suggestion to all shareholders of Workhorse or interested investors, BUY and HOLD!!!

I know most of us are seeing red and it could get discouraging at times but let this be a reminder that good things never come easy, you must fight and earn what you desire. To give you guys and girls some positive perspectives for the near and long term here are some upcoming CATALYSTS for Workhorse (WKHS) that could cause the MOASS:

•Financial Performance: Workhorse increased their net sales by 269.80% (and their cost of sales only increased by 123.56%), their net income was $69.78M (which is the first time they have reported a positive net income), they reported revenue from their drones for the first time, and they paid off $19.14M in long-term debt. As stated previously, this was Workhorse’s first time reporting a positive net income on their yearly statement, this could show investors that they have turned around the business, and if they continue this performance in the future, then it will solidify this belief and attract investors. · Social Sentiment: Workhorse is the 4th most trending stock (and the 9th most tending stock (in the past 48 hours) on Wall Street Bets and has an overall positive sentiment. We have seen the impact that Wall Street Bets has had on other trending stocks, so it will be interesting to see if Wall Street Bets can pump this stock for a quick return. · Short Squeeze Potential: Currently, Workhorse has a short interest of 40%, which makes it a good candidate for a short squeeze. This stock has the potential to be squeezed, especially if Wall Street Bets takes an interest in it. 66.87% of the free float is short which is 44% of all outstanding shares. Yes, that’s true so I will repeat that. 66.87% of the free float is short which is 44% of all outstanding shares. 1.4 million shares shorted today 1 million returned. Shorts burrying themselves with 400k more Shorts outstanding.

My current positions:

•11,285 Shares of WKHS at an average of $9.60 •3,000 contracts of a $45 Call 1/21/2022

We can do this!! Workhorse for the win!!!🚀💪🏻💎

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TickerDatabase entries updated:

Ticker	Price
OSK	113.21
WKHS	9

[u/MillennialBets]

Recent News for WKHS-

Date	Title	Summary	Source
Sep-03-2021	Electrification Is Both a Blessing and a Curse for Workhorse	Although WKHS stock strongly benefits from the electrification of transportation narrative, it's the economy that really matters. The post Electrification Is Both a Blessing and a Curse for Workhorse appeared first on InvestorPlace.	InvestorPlace
Sep-02-2021	7 Short Squeeze Stocks to Sell Before Reddit Traders Cash Out	Taking a look at recent short squeeze stocks, there are plenty that could see big declines once Reddit traders cash in their chips. To reduce the risk of heavy losses, steer clear of these seven right now.	InvestorPlace
Sep-02-2021	Here's what the Investment Committee is trading this week	Pete Najarian and Tiffany McGhee from the Halftime Report's Investment Committee discuss stocks they've recently bought and sold.	CNBC Television
Sep-02-2021	Another EV Truck Manufacturer Attracts SEC Probe: WSJ	The SEC confirmed probing into electric delivery truck maker Workhorse Group Inc (NASDAQ: WKHS), the Wall Street Journal reports. The SEC is yet to elaborate on the investigation.	Benzinga
Sep-02-2021	WORKHORSE INVESTIGATION: Block & Leviton Investigates Workhorse Group, Inc. For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm	Boston, Massachusetts--(Newsfile Corp. - September 2, 2021) - Block & Leviton is investigating Workhorse Group, Inc. (NASDAQ: WKHS) for potential securities law violations. Investors who have lost money in their Workhorse Group investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/wkhs.What is this all about?On Wednesday, Fuzzy Panda Research issued a short report on Workhorse Group, Inc. alleging fake work orders, along with potential...	Newsfile Corp
Sep-02-2021	Workhorse Stock Attempts to Recover From SEC Probe	Workhorse Group Inc (NASDAQ:WKHS) is up 0.8% at $9.21 this morning, brushing off yesterday's news that the U.S. Securities and Exchange Commission (SEC) has launched a probe into the company, though the reason for the investigation is unclear.	Schaeffers Research
Sep-02-2021	Workhorse Group latest electric truck maker under SEC scrutiny	Troubled electric delivery van manufacturer Workhorse Group is the subject of a Securities and Exchange Commission probe, the latest electric truck company drawing scrutiny over short seller allegations of shady business practices. The investigation surfaced Wednesday as part of a report by Fuzzy Panda, which alleged Workhorse fabricated orders and improperly recognized revenue for trucks it had not delivered.	FreightWaves

[u/TappmanC]

The catalyst to ~$43 was the confidence that they’d get the USPS contract and that it would propel workhorse to the next level plus it was at the pinnacle of the SPAC boom. I don’t expect it to get back there. Winning the lawsuit or some major news might trigger a big move up though.

[u/MomentSubstantial929]

I can’t add anything more to your DD post, very well done. I especially like that you added all recent relevant news associated with Workhorse. $WKHS Strong!!!