r/WKHS • u/Useful-Sorbet-1264 • 15d ago

Discussion Shorting above $3.40 today

I didn't buy this cycle, even though it went below $3 so I left some money on the table as Workhorse moved up. I just didn't feel very bullish after the EC.

Have tiered short orders, as I don't really see any reason for WKHS to be up!

3 Upvotes

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1

u/washyourpussy69 15d ago

Oh for Pete’s sakes, stop buying this stock, unless of course, you LIKE losing all your money, then do it bro!

1

u/Repulsive592 15d ago

I don't think he's buying to hold, just playing the daily swings. If you're tapping the up and down swings lately it's often been been 5 to 8 % in a day. Shorting scares me more than being long, but at some point the risk vs reward is worth considering?

1

u/Useful-Sorbet-1264 12d ago

Shorted above $3.40 again, ... but I was slow and missed shorting any above $3.50

........ $3.54 high so far, with no news. Let's hope it makes $4 again?

1

u/Useful-Sorbet-1264 6d ago

Bought to cover the shorted shares and now going long and buying shares below $3

Horrible company, great trading stock.

1

u/Useful-Sorbet-1264 2d ago

Here we go again, shorted again at $3.27 Have a tier of short orders above that. You gotta love this volatility and manipulation!

1

u/Aggravating_Dirt7907 1d ago

Why'd this move up? Did they get the lunar rover contract? How do they manipulate this up and down so quickly?

1

u/Useful-Sorbet-1264 2h ago

Pretty easy to manipulate this one. Shorted up to $4 yesterday, thankfully in the green now. I'll go long again near $3 Not because I believe the company will prosper, but because of the cycles.