Reddit Posts
BLOOMBERG: Chaos in the Red Sea Is Starting to Bite Into Companies’ Profits
How risky are cyclical stocks/cyclical investing?
For next week, picked up some calls on Oshkosh $OSK…with things heating up in Ukraine could see a bump up in the price back to $120
WKHS has the Ability, OSK has the Scalability, Partnership?
I've have some crazy ideas before. WKHS is reminding me of PLUG
WKHS gives up its lawsuit for the USPS contract (OSK / MVST)
Amex Exploration Drills Highest Grade Hole to Date - Hits 102.07 g/t Gold Over 6.10 Metres and Announces Results from 31 Additional Drill Holes - Mega Catalyst
My DD on $OSK OSHKOSH and why it will LOSE the Lawsuit - Check out Info About the Judge!!!
My DD on why OSHKOSH $OSK is good to be shorted, it's going to lose the Lawsuit!!!!
The DD on the Judge on the $OSK Lawsuit - Maybe it's time to short it or invest in the Plaintiff!?!?!?
Microvast - $OSK jet lands at Clarksville Airport
$MVST has a special visitor land at the Clarksville, TN Airport
Microvast ‒ MVST ∿ An incredible short & long term opportunity / latest NEWS!
Microvast ‒ MVST ∿ An incredible SHORT & LONG term opportunity / latest NEWS!
Microvast ‒ MVST ∿ An incredible SHORT & LONG term opportunity / latest NEWS!
Microvast ‒ MVST ∿ An incredible SHORT & LONG term opportunity / latest NEWS!
Why do all EV and solar stocks are up today? Any catalyst?
WORKHORSE FOR THE WORKFORCE: WKHS YOLO + NEWS
WORKHORSE FOR THE WORKFORCE: THE CASE FOR THE MIDDLE CLASS TO BURN THE HEDGIES AT THEIR OWN GAME ONCE MORE
A pony is a childhood dream; a horse is an adult treasure
a pony is a childhood dream; a horse is an adulthood treasure
A pony is a childhood dream; a horse is an adult treasure
Why I'm switching to OSK and why absolutely nobody cares
WKHS the highest SI stock currently on the market and is it ready to launch or flop?
WKHS 60% SI of current float according to Ortex. Is this the next big squeeze?? USPS contract back up for grabs???
WKHS next one to moon?? Short interest at 60 according to Ortex. Thoughts apes??
WKHS with 60% SI according to Ortex and level 3 squeeze alert. Same alerts were issued for AMC and GME. Could this be the next one to fly?
WKHS with 60% SI of current float according to Ortex as of 6/18. Mother of squeezes inbound!!
$WKHS challenging USPS delivery contract to $OSK
Oshkosh Corp. Manufacturer of new post office trucks, Fire trucks, garbage trucks, cement trucks, military vehicles and access equipment.
WKHS - Buy the Rumor USPS One More Time? USPS $12 Billion !!!
Good news for OSK and MVST (THCB). Microvast merger can’t come soon enough
$THCB USPS contract most likely not being reversed and going to $OSK
$THCB microvast shipped 2 tons of batteries to $OSK on March 5th.
$THCB Shane Smith Spoke at TennSmart today recording below (Repost)
$THCB Shane Smith.COO. Spoke at TennSmart today recording below
$THCB Shane Smith Spoke at TennSmart today recording below
National Security risks of hedge fund over-leveraging
Micorvast Partner Oshkosh expands Electric Vehicle Offerings
$OSK (Oshkosh) to Infinity and Beyond (Part 2) 🚀🚀🚀
Mentions
Bought LMT, RTX and added some more OSK back in April. Today should be great but they're already up quite a bit!
$TWI, $WNC, $MTW, $OSK, $CNH, $HTLD. Miller is a good call. I might look into buying $MLR over $HTLD. I wish there was an ETF. I might just split up x amt of dollars and buy a small position in 3-4 of the stocks above.
What? You can. Put in one leg of the order - buy or sell - as a limit at whatever point across the bid/ask you want then I can do the same for the other leg of the transaction. Wide bid/ask spreads are less liquid than ones where it’s very narrow and so it’s more difficult for our respective legs of the transaction to line up with respect to our order types and have our prices line up. But the process of lining up buy and sell orders at the same price is literally how stock prices move at all. Period. So for example if we’re talking about say NOC or DOW or some other Industrial like that then you will note that the price movement through the day generally moves the most at open and near close when volume will be highest and then trade flat for the rest of the day, as we expect for illiquid industrial behemoths and indeed the broader market as well. The key is volume. Higher volume means more successful buy/sell transactions which implies higher liquidity since a narrow bid/ask means more successful transactions. It’s easier yo line up buyers and sellers when the different is like $0.05 instead of several dollars or several hundred/thousand in the case of options on illiquid stock and commodities futures. But like we could trade some EXTO-eligible industrial like MMM or OSK right now and as long as we communicate what price we are gonna put - OR if we both put in BLAST-ALL + Market orders - then we can day trade to each other like retards lmao
It's all perspective..war with Iran seems like it's on the horizon BA. ------------------------------------------------------------- LMT. ----------------------- OSK ----------------------- GD. --------------- For the love of a Wendy's handy DO NOT F******* BUY SP
Scared to even look at my portfolio for a while. I'm -11% on VGT, underwater with OSK, and now likely underwater with GM.
Puts on OSK Failing at delivering EV trucks for the USPS. Another bloated old defense contractor living off of corrupt government contracts.
The right, but boring answer is sp500... A fun answer you are looking for: One item I wanted to jump on during the COVID downturn was Discover Bank/Card (DFS). Their customer service is the best in the industry, they are already at low PE, and on economic downturns people need lines of credit. Another fun one is OSK. Right now their PE ratio is around 10 and they are picking up good products. Everytime there is an economic downturn, this stock dips further than the market. In 2009 when the market dropped roughly 50%, OSK dropped 90%. In 2020 during covid the market dropped roughly 31%, OSK dropped 47%. A 20% drop would most likely result in a 30%+ drop in OSK.
S&P 500 is up 19.06% in a year Here's the defense stocks that I have personally invested in this past year: LHX +18.62% LMT +18.21% RTX +30.15% HII +20.76% LDOS +63.55% OSK +25.83% BA -22.37%
I guess this is the time to start thinking about OSK for a long term HODL. Also need to double my position in SNA. If defence goes up… gov tooling contracts will also grow
No more, I’ve held the stock for a couple years now in November I took profits and bought OSK
OSK 120c 2/16 avg buy 1.02 🚀
Sold Visa and GM calls today at a nice profit. Wondering if I should’ve stayed in. Holding OSK and CLF through earnings. Pray for steel and trucks
Let's go OSK (Oshkosh). Time to make me more money!
If you wanna play it safe consider industrials like CRH and OSK. They pay dividends and have backlogs of work scheduled for all of 2024. This is not financial advice.
Most are basically just veteran recruitment tools for make work the ones who fuel the MIC are LM RTX BA OSK NOC
NIO and Mercedes Partnership Are NIO & Mercedes (MBGAF) Considering Tech Partnership? Mentioned: LI MBGAF NIO OSK Reportedly, Nio Inc. NIO is in talks with Mercedes-Benz Group AG MBGAF to seek investment from the German automaker in exchange for its technology.Earlier this year, William Li, co-founder and CEO of Nio and Ola Kaellenius, CEO of Mercedes, hinted at a potential alliance.This partnership would offer Nio an opportunity to improve its financial position, whereas it would help Mercedes get access to Nio’s research and development (R&D).Per sources, the discussion did not cover the type of technology to be exchanged and the amount of funds to be invested.Per another source, Nio approached Mercedes with the partnership proposal but faced resistance. The source added that the talks were highly unlikely to proceed.Nio denied the reports of talks with Mercedes on collaboration.Per Mercedes, there are no current plans for a collaboration; however, Kaellenius is in talks with various industry leaders and peers, including William Li.Per sources, Mercedes’ R&D and strategy teams resisted the collaboration, citing potential damage to the brand’s image.The deal could be a conflict of interest between Mercedes and its Chinese shareholders.Mercedes does not have a favorable sales record in China and is planning to invest in the R&D team to enhance its electric and digital innovation.Nio is making more investments in self-developed technologies for components like batteries and chips. Nio’s recent debut in the telecom market with a new smartphone has sparked concerns among investors. Investors believe that the Chinese automaker is risking too much amid widening losses and fierce price competition.In the second quarter, NIO reported a net loss of $835.1 million, wider than the loss of $411.7 in the corresponding quarter of 2022. This followed Nio’s announcement of a price cut in June.However, Nio’s upbeat third-quarter forecast sparks optimism. For third-quarter 2023, NIO projects deliveries in the range of 55,000-57,000 vehicles, suggesting a rise of 74-80.3% year over year. Revenues are envisioned in the range of $2,606-$2,692 million, indicating a year-over-year improvement of 45.3-50.1%. Zacks Rank & Key Picks MBGAF carries a Zacks Ranks #2 (Buy) and NIO currently carries a Zacks Rank #4 (Sell).Some top-ranked players in the auto space include Li Auto LI and Oshkosh Corporation OSK, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for LI’s 2023 sales and earnings implies year-over-year growth of 154.7% and 9,200%, respectively. The EPS estimate for 2023 and 2024 have moved north by 31 cents and 65 cents, respectively, in the past 60 days.The Zacks Consensus Estimate for OSK’s 2023 sales and earnings implies year-over-year growth of 15% and 125.7%, respectively. The EPS estimate 2024 has moved north by 8 cents in the past 30 days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NIO and Mercedez - partnership will be announce soon Are NIO & Mercedes (MBGAF) Considering Tech Partnership? Mentioned: LI MBGAF NIO OSK Reportedly, Nio Inc. NIO is in talks with Mercedes-Benz Group AG MBGAF to seek investment from the German automaker in exchange for its technology.Earlier this year, William Li, co-founder and CEO of Nio and Ola Kaellenius, CEO of Mercedes, hinted at a potential alliance.This partnership would offer Nio an opportunity to improve its financial position, whereas it would help Mercedes get access to Nio’s research and development (R&D).Per sources, the discussion did not cover the type of technology to be exchanged and the amount of funds to be invested.Per another source, Nio approached Mercedes with the partnership proposal but faced resistance. The source added that the talks were highly unlikely to proceed.Nio denied the reports of talks with Mercedes on collaboration.Per Mercedes, there are no current plans for a collaboration; however, Kaellenius is in talks with various industry leaders and peers, including William Li.Per sources, Mercedes’ R&D and strategy teams resisted the collaboration, citing potential damage to the brand’s image.The deal could be a conflict of interest between Mercedes and its Chinese shareholders.Mercedes does not have a favorable sales record in China and is planning to invest in the R&D team to enhance its electric and digital innovation.Nio is making more investments in self-developed technologies for components like batteries and chips. Nio’s recent debut in the telecom market with a new smartphone has sparked concerns among investors. Investors believe that the Chinese automaker is risking too much amid widening losses and fierce price competition.In the second quarter, NIO reported a net loss of $835.1 million, wider than the loss of $411.7 in the corresponding quarter of 2022. This followed Nio’s announcement of a price cut in June.However, Nio’s upbeat third-quarter forecast sparks optimism. For third-quarter 2023, NIO projects deliveries in the range of 55,000-57,000 vehicles, suggesting a rise of 74-80.3% year over year. Revenues are envisioned in the range of $2,606-$2,692 million, indicating a year-over-year improvement of 45.3-50.1%. Zacks Rank & Key Picks MBGAF carries a Zacks Ranks #2 (Buy) and NIO currently carries a Zacks Rank #4 (Sell).Some top-ranked players in the auto space include Li Auto LI and Oshkosh Corporation OSK, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for LI’s 2023 sales and earnings implies year-over-year growth of 154.7% and 9,200%, respectively. The EPS estimate for 2023 and 2024 have moved north by 31 cents and 65 cents, respectively, in the past 60 days.The Zacks Consensus Estimate for OSK’s 2023 sales and earnings implies year-over-year growth of 15% and 125.7%, respectively. The EPS estimate 2024 has moved north by 8 cents in the past 30 days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
OSK is publicly traded. But I seriously doubt OSK stock will be affected one way or the other
OSK has the contract for the next gen delivery vehicle
JBT (JBT) announced the sale of its aero tech unit to Oshkosh (OSK). It was an $800 million deal, all cash. The unit most famously makes jetways, but also makes a lot of airport service vehicles.
WKHS got fucked because OSK here won the contract with an unprototyped vehicle. Smells of major bribery with DeJoy to break regulation and award something that they’d never even tested. He’s been a slime ball for ever, and it’s sad Biden can’t replace him.
If you guys didn't know, OSK is an EV stock now. Except the CEO isn't as fun as Musk.
Anyone know why OSK is crashing? Seems like it would bounce back before ex-div next week?
So my company Oshkosh (OSK) missed earnings and the stock dropped nearly 5%, but then recovered by the end of the day. Also, budgets are so tight at work and every penny is being scrutinized. I fully believe this is like this everywhere, so why the hell is the stock market soaring?!
OSK missed today. Reporting EPS 1.6 vs expected 1.73.
AVGO, COST, CMG, MCD, OSK, I could go for hours honestly
OSK is looking good at this price
I am up 126% YTD and 160% trailing 12 months. I am short TSLA, OSK, and IWM right now.
Between democrats winning the mid terms and a secular headwinds against private prisons I wouldn't recommend. Buying something like AXON who manufacturer tasers or OSK who manufacturer heavy trucks would be a better play if you want unrest exposure.
OSK looking good going into earnings
Goldman Sachs issues Buy for OSK and set target for $89 OSK just adjusted their earnings estimate upwards for earnings next week. I’m liking $80 calls here
BYND the play. Liking IIPR and OSK calls too
OSK adjusted their earnings estimate UPWARDS along with a recent upgrade. $80 calls
OSK calls. Recent upgrade, earnings next week
IIPR and OSK Both super solid companies with price targets given by the biggest corporations WAY above their current price. Calls
OSK moving up. Wisconsin trucking company who gets large military contracts. Manufacturing.
Anyone smarter than me can help tell me why this is a bad idea: - Ticker: 9104 - Company: Mitsui OSK Lines Ltd - Exchange: Tokyo Stock Exchange TSEJ - Last Close: ¥3740 ~ $27.31 - Ex-Dividend: 9/29 - Next Payment: ¥300 ~ $2.19 I plan to open a position for the dividend, my withholding tax rate would be 15%. What do you guys think?
I put all my money on weber but I considered OSK, I would buy if I had more money.
“A CHIEF ENGINEER takes charge of an entire engineering department, leading a team as they complete various projects. Chief engineers work alongside other engineers and technicians, approving designs, calculating costs, negotiating contracts, and executing plans safely and efficiently.” You seem to imply OSK is stupid because they are non-stop hiring “Senior Chief Engineers” for their BEV-NGDV…… How Many “Senior Chief Engineers” does OSK need to make their phantom BEV-NGDV??
USPS hearing tomorrow at 7:00pm - that'll reveal what other players will help support the electrification of the United States Postal Service Fleet. Workhorse's earnings report is the morning after. OSK listed a job posted for a Senior Chief Engineer which is odd since they allegedly were supposed to have a ready prototype...
I am an engineer for OSK. This morning's earnings SUCKED. Lots of doom and gloom around the water cooler this morning.
So my list for tankers is: - Scorpio Tankers - Teekay Corp. - NAT - DHT Holdings - Euronav - Seapeak - Mitsui OSK Lines Ltd. Which one moons? Or others?
OSK missed. Same issues for other heavy equipment manufacturers? CAT?
OSK missed. Loss of $2M for the quarter, down from +$100M Gain YOY.
https://m.youtube.com/watch?v=OSK4fPC966s
OSK (Oshkosh Corporation) is the lowest it's been in a year.
>U.S. POSTAL SERVICE MAKES INITIAL $2.9 BILLION ORDER FOR 50,0000 DELIVERY VEHICLES, INCLUDING AT LEAST 10,019 ELECTRIC VEHICLES - USPS $OSK ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-03-24 ^08:12:34 ^EDT-0400
fuck OSK undo the shitty gas guzzling contract with PO
Been looking at Government Contractors of all types. OSK is slightly down right now and could possibly take off soon
Well may I suggest Lockheed Martin:LMT and Northrop Grumman:0k92 (LON). My personal choice of which I have 2 stocks (my portfolio isn't particularly large) is Oshkosh Corporation:OSK. From what I could see from their last 3 10-k reports, they're doing very well in terms of financial integrity.
I am just gonna pour all my money into defense stocks LMT, RTX, OSK, etc. Democrats and republicans both love wars. Despite pandemic, inflation, and every struggle American facing, Biden signed the largest ever defense budget in the history at $770 billions. As an American, we all love how war waging our countries are. This won't change in the foreseeable future. It is a little bit sad though, I paid my tax dollar and it is given companies producing missiles and other fancy killing machines.
>SENATE DEMOCRAT URGES U.S. POSTAL SERVICE TO CONDUCT NEW REVIEW, BUY GREENER DELIVERY VEHICLES -- LETTER $WKHS $OSK ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-02-04 ^11:10:44 ^EST-0500
It is actually a little predictable. If you talk about it, the hedge fund lackeys bash you and get the mod to delete the post. Trend lines are a thing because computer programs need limitations on price movement or they might go off the rails. Sometimes the angles even match up on several sell-downs on the same stock. Sell-downs turn on stop-loss accumulations which appear about the bottom of support levels. If I remember correctly, triggering stop-losses matches up with a bullish candle pattern. You can pretty much tell if a short covered by looking at volumes on one minute charts, but you can't know if they are going to head down to the next stop-loss accumulation. It looks a lot like a double bottom, until it isn't. Overall movement is predicted by the financial writers. The hedge funds can't phone each other but they can talk to the writers. The communication is open for everyone to see. This time, it is a correction that will stay down for a long time. I follow Utopia Capital Research on Twitter. They tweet when they short a stock so their followers can jump in. It's a giveaway that they know each other when they list names. If you have a foil hat, watch gold miners. Osisko Mining $OSK(canada) $OBNNF(otc) found a shitload of gold and a shortseller seems to have been caught because the price keeps getting sold down. I tried to wait but I think the short might have to eat this one.
TSM, BUD, GPS and OSK were GGG today.
OSK Last year they received a contract to replace all of the USPS Last Mile Delivery Vehicles with electric and hybrid. I'm sure that Biden will mention this in his State of the Union Address.
Check out MVST. EV battery company, went public this year via SPAC, OSK is the PIPE investor.
My portfolio has always been s&p500 heavy with a portion of steady stocks and a section for bad PR or medium-term outlook based on news/trends. While I haven't actively managed anything in the past two years, I have consistently outperformed S&P 500 for the 5 years prior. I've always had at least 50% in VOO, about 25% in well managed companies (AMZN, MSFT, C, 3M) and a rotating cast of opportunity buys (BA, OSK, FTNT, QCOM and a few others). I bought Boeing after the 737 fiasco, not at the bottom, but around 130. I bought QCOM when there was a lot of press about AAPL dumping them ( stock dropped like 40% when AAPL represented around 10% of their client base). OSK and FTNT I purchased due to some short term contracts that were signed, with the chance of them getting extended.
I'd ditch WKHS, it is a trash company. I did a ton of research on them and invested in them heavily from their first pop, to their loss of the POSTAL SERVICE contract to OSK.
Infrastructure bill is also being signed tomorrow. That bill creates the groundwork for massive spending around electrified vehicles, both industrial and consumer. Of course Microvast is a play on the industrial specialty side. Port vehicles (see recent additional spending promised by the White House around port improvements), mining (increasing concern around sourcing materials domestically), trains, BUSSES, etc. There is still the potential USPS work with OSK. The spending and therefore demand is there and accelerating exponentially. There’s a lot of hate and FUD because this thing had a roller coaster ride as a SPAC and then got pumped by that Jack guy. It’s noise, there’s a market for this product and even everyone’s favorite Elon Muskrat just said cell production is a long term limit for Tesla (and all EV). They will sell out all production no matter what. That 800+ percent change in Institutional ownership should say everything you need to know. They bought this dip and likely plan to hold for years. In with 12,500 commons. 👊
Also USPS gets $6B EV funding to be built by Oshkosh (OSK) . If 35% of the vehicle cost is for the batteries that's $2B of revenue for Microvast (MVST) which has a $2B marketcap. Current trading below NAV. Someone spent millions in DEC calls Friday evening and prior days
OSK isn't moving AH which makes me think ehh.
The ceo of wkhs and the cfo of OSK will be have a talk on production two days after WKHS Earnings. Quite possibly.
Everything was so sus about what has happened in the last month or so. First they drop the suit before the first court date, recall all vans, go back to the drawing board, and change leadership in key areas. Here's what I have maintained. OSK does not have the ability to make electric vans yet, which is why they are starting out with petroleum. WKHS has the ability, OSK has the scalability. I'm not convinced that there wasn't a behind the scenes meeting about a partnership.
Really hoping they're waiting on an expanded OSK deal considering the USPS contract. Hopefully they're negotiating and will have a big windfall announcement all at once. They've got the R&D facility in Florida opening soonish and the Tennessee plant next year.
OSK is the WKHS play for non poors
OSK has a market cap of $7.5B MVST has a market cap of $2.8B OSK isn’t a blue chip but it does make more profit in a quarter than MVST does revenue in a year. Which might be a bad thing since the fact that MVST barely sees any money that didn’t come from their shareholders might be the same reason why it can be valued at any price. Can’t be a high PE if there’s no PE right?
Does this mean OSK is free to corner USPS business now? Which means MVST gonna corner the battery business too? I’m buying MVST & MVSTW 🚀🚀
There is very little doubt that OSK will be working with MVST on the batteries for the USPS. But we need one of the companies to publically announce it before we get another big move. Are they waiting for s1? I believe we will get news soon now that this lawsuit is over. My sep calls will die tragically, but my Oct calls are still hopeful. Will probably just add to my shares over the next pay or two though.
I mean OSK has direct investment in MVST lol
Did I miss something? Since when is WKHS a SPAC or a deSPAC? Or OSK?
Also, WKHS dropped the lawsuit because of a settlement (not good for OSK).
this is just the beginning of the contract and will give impetus to the future MVST and OSK
OSK have come out and said they can do full EV. Workhorse aren't getting the contract, they came last place. If, and big IF it went against Osk then it would go back to the beginning again. No offense but Workhorse is a piece of shit company. The short reports are say it all.
WKHS. Unlike 90% of other EVs they actually have cars (trucks) produced and sold for profit, albeit a rather small one. They lost USPS contract due to some shady deal with OSK, they currently fight it in the court and have a chance of winning part of the contract back. They just recently were attacked by a short report aimed to create a dangerously sounding headlines that Workhorse is under SEC investigation, but if you actually open and read the news or that report you can find out that it was intentionally misleading (but it still does miracles since most people check the headlines only)
WKHS calling OSK incompetent would be quite ironic. Love the contract drama, short squeeze on WKHS I just don't see happening at all though. Contract split WKHS goes up and OSK, that's all. Personally I don't think part of the contract is going to WKHS though, so I'm passing on that play - made a crap ton off of THCB when Oshkosh contract was announced earlier this year so I don't really need to revisit it anyway.
It’s the $WKHS who have challenged the contract decision, which means they must have sound proof that there has been corruption happened while granting the contract between USPS & OSK.
OSK vs WKHS oral arguments for/against dismissal of post office contract on 9/15 it's the only event of note upcoming. MVST will provide batteries to OSK if they win the contract. House approved $7B to electrify the fleet.
>SEC is know looking into WHKS for fraud That's not true. It was a brilliant move from short sellers to imply that WKHS is being investigated. Basically they asked SEC "is Workhorse under an investigation?". SEC replied "We can't give you any documents because Workhorse is involved into an active investigation". They are involved indeed, there is an active court case between OSK and WKHS, and SEC is participating in that as there was insider buys of OSK before the news about the contract became public. But short sellers twisted that news as if it's actually Workhorse being investigated. What's even more interesting is that the response from SEC was received in June. It was published in September because, guess what, WKHS broke $10 and short sellers needed to bring it down. It's not the first time similar thing happen to the company, and probably not the last one, and this is the primary reason I believe into the squeeze play, sooner or later this artificial price suppression will end
$WKHS is going to get some (20%+) of the USPS contract after the corruption dejoy pushed the first time. $50M OSK stock buy the day before, plus OSK winning on a non-tested prototype AND getting $485M just to finish their prototype?! Meanwhile, $WKHS has a working model on the road.. See you guys back in the $40’s!! 🐴🚀🌝
Why all the hate on WKHS? Honest question. All the haters here are like flies to a turd when the see WKHS mentioned. It is the 3rd most short stock right now. Their horsefly drone tech "last mile delivery" is being piloted by USDA so that sets them aside from other EV van options. They're in court fighting a poor decision to Award OSK with the USPS contract for an EV vehicle which OSK can't even produce until 2023. So tell me...
The remedy is this case is to change who awards the contracts. The Board of Governors all voted to accept the bid received by OSK and award them the contract. If there is ruled an AC violation it will be appealed to the SC. When the USPS was created, both the Executive and Legislative Branches of Government were involved in the drafting of the terms of the ACT. This isn't earth shattering news, just an oversight by 2 of the branches of government. BOTH of whom agreed that politics should be removed in the operations of the USPS.
I suspect you're researched and opinionated enough that you have a stake in this game, whether it's WKHS, OSK, MVST, F, whatever agenda, so let's just sum this case debate up by agreeing there are plenty of political machinations that are fueling the case and will play out in the courts decision. Excerpt from OSK recent 8-K filing... "Although we believe the USPS awarded the NGDV contract to us as a result of a robust and thorough process, Congress could interfere with the contract, which could result in the USPS altering the quantities that we currently anticipate receiving from the USPS under our NGDV contract. "
Wouldn't you want to short MVST instead of OSK? OSK had $6.9B of revenues last year and $8.4B of revenues in 2019. Losing this contract won't be that big of a hit. The USPS contract could bring upwards of around $100M-$150M of revenue a year for MSVT when their revenues last year was just over $100M.
OSK showed them a sketch of a would be “hybrid” electric car with no cars in production and Dejoy killer practically handed them the contract. WKHS has 8k cars in back order, Big Daddy Dick Dauch (new ceo) understands the future demands and his redesign idea is indicative of that not of production issues.