8:58:39 AM PDT - Saturday, October 24th, 2020

New Allegations Make Workhorse Even More Unappealing  

By Editor - Sat Oct 17, 10:40 pm

With Workhorse (NASDAQ:WKHS) facing multiple new risks on top of numerous red flags, I continue to recommend that investors sell WKHS stock. Source: Photo from WorkHorse.com A new report by a short-selling firm includes damaging information about Workhorse. Moreover, the shares are likely to be hurt in the short- and medium-term by the delay of an important U.S. Post Office contract. Finally, despite all of these issues, the valuation remains very high.InvestorPlace – Stock Market News, Stock Advice & Trading Tips A Damaging Report On Oct. 8, short-seller Fuzzy Panda Research issued a report in which it stated that it believes that Workhorse has no chance of winning a huge deal to provide USPS with new vehicles. Workhorse bid on the $6 billion deal along with its partner, VT Hackney

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New Allegations Make Workhorse Even More Unappealing

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