" Even if WKHS does not win the USPS contract, the company will still survive. This past January, WKHS executives revealed the company received an order for more than 6,000 electric delivery vans. The order is larger than the company’s expected orders for the entirety of the year ahead. The order was placed by Pride Group Enterprises, an auto wholesaler that operates in North America. WKHS employees are hard at work manufacturing the 6,000+ C-Series electric package-delivery vans. The only caveat to the deal is about 2,000 of the vehicles would be delivered in ’21 while the remainder is delivered through ’26...In short, it is clear that there will be significant and ongoing demand for WKHS “last mile” electric vehicles. Though these vehicles top out at 75 miles per hour, they will not spend the majority of their miles on highways. Rather, these electric vans will transport packages and other items from distribution centers to residences and businesses, most of which are located in the suburbs and cities." Patrick Ryan
POOR earnings last few quarters... Will the story outweigh the last few quarters.
YOY earnings +21.95%
Asset growth +329.53%
Institutions 249 32%
VCP 25W 60/19 3T (VOLITILITY CONTRACTION PATTERN
Pulling back on low volume (good sign)
21 DAY 32.68 50 DAY 29 CUT 10 DAY PB LOW VOL