I bought WKHS

Trade alert

August 12, 2025

$2K - $100K Challenge (starts Monday 8/18)

TRADE ALERT: I bought 6.000 WKHS at $1.72, goal is $2+, maybe $3 if the news comes in favorable, which I think there’s a good chance of.

» » » Join me in chat if you have questions.

Below is this morning’s rationale on the WKHS trade idea.

GOOD MORNING, CHUPACABRAS!

Listen, man — some companies just feel like they’re one big move away from flipping the whole script. Right now, that’s Workhorse Group (Nasdaq:WKHS).

They just jumped back into a seven-day exclusivity agreement with a private U.S. electric commercial vehicle manufacturer. This isn’t just a “let’s grab coffee and talk shop” thing — this is round two of high-stakes negotiations after the first 14-day exclusivity window in July. You don’t re-enter the ring unless you’re serious about landing the knockout.

1. This Isn’t a Patch Job — It’s a Full-On Makeover

Here’s what they’re talking about doing, and it’s spicy:

Wipe out $33 million in senior secured convertible notes — no early redemption penalty.
Shred every warrant out there, so no sneaky dilution later.
Drop a $20 million sale-leaseback on their Union City facility — unlock cash, keep the factory.
Hand the current noteholder 3 million shares — yeah, there’s dilution, but it’s part of the re-load.

You do all that, and suddenly the balance sheet isn’t looking like it just went 12 rounds with Mike Tyson.

2. Leveling Up the Fight Game

By merging with this private EV manufacturer, Workhorse isn’t just adding a few new toys to the garage — they’re getting more muscle, more tech, and more reach in the zero-emission delivery world. This is about scale. This is about being able to step into the ring with the bigger EV contenders without getting steamrolled.

3. Fast Timelines = Real Pressure

They’re not dragging this out. The exclusivity windows are short — 14 days, now 7 — which means urgency. Both sides know time kills deals, so they’re swinging fast and keeping the heat on.

4. The Setup for a Classic Redemption Arc

If they pull this off, here’s the upside play:

Catalyst	Why It Matters
Debt elimination	More cash to throw at growth instead of creditors.
Stronger lineup	Wider EV portfolio + better tech stack.
Fresh credibility	A real, tangible move that changes the conversation around WKHS.

Risks (Because This Ain’t Fantasyland)

Deal could still blow up — needs shareholder + Nasdaq thumbs-up.
Dilution is part of the cost of entry.
Merging two small EV outfits isn’t exactly plug-and-play.

Bottom Line

WKHS is in a straight-up turnaround fight. This exclusivity deal is the equivalent of bringing in a new coach, a better training camp, and an actual game plan. For risk-tolerant investors who like comeback stories, this is a wild-card EV play with serious upside if they stick the landing. Based on the chart 100%+ to resistance levels.

This is the kind of setup where if they land the deal, you’re gonna hear about it everywhere. And if you’re already holding a ticket when that happens? Well… you might be the one telling the story.

Jason Bond

Questions or concerns?

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