 it happening. What's going on money gigs Mr. V here welcome to another video guys so in today's video we're going to do stock analysis on our course so we're going to see because the stock has been making a ton of moves lately we're going to see why that has been happening then we're going to see talk about if it's a buy if it's a whole or if it's a sell before we get started guys do you know to the channel we talk about how to earn money how to save money how to invest and build wealth so if that's something that interests you go ahead and hit that subscribe button any notification bell and don't forget to give it a thumbs up if you find the video useful so why is workhorse squeezing lately just so we understand news that came out is that you know workhorse actually secured over 70 million dollars in financing so usually when you hear news like this for most companies that's exciting news it would drive the stock price up a lot so they got this from a single institutional investor which is good because you don't invest your money in a company if you don't see any value so and sometimes they invest the money because they don't want to drive the stock up and then you know sell and then take their profit so again there's so many reasons why you can actually see companies investing or institutional investors going after companies like this so so now that we understand why this stock has been you know gapping is just because of the fact that they got this 70 million dollars in financing so let's take a little bit and I'll just go back and take a look at workhorse as a company what does this company do that you know makes sense in any shape or form so what they do is be electric delivery vans as you can see here and drones and then they also have some other softwares that are in house and stuff like that so their goal is to be the number one delivery vans or the drones in the wall that's that's what they plan on doing so now that we get that in again electric seems to be electric cars or energy efficient cars is becoming the thing so we're seeing companies like Tesla, Nikola Motors, Hylium, all these are companies that are you know coming out and they are not going towards the fossil fuel they're getting away from fossil fuel and a lot of people love that so you see that following so that is a little bit about workhorse so let's see what analysts are saying I do use a service called tip rank for that so usually just coming tip rank put in their ticket symbol and then it will tell you what analysts are suggesting so right now we see that they suggest a strong buy for this particular stock but if you look at the the the price target here it's about high of about $12 but now let's go see where the stock was trading when I was doing this video so workhorse group was trading at just about $18 today eight hair squeezed up to about close about $20 1990 from what I see there and then pulled back now to $18 and 15 cents or whatever so what do you think is is it a buy is it a you know a whole or is it a sell again with companies like this that haven't really made a ton of news for the most part I always caution people when you when you go into or come like if you if you were one of the people that went in early you bought this stock before instead of squeezing so again let's go back here yeah yeah who find this so if you bought this stock early let's look at let's say the one month so see down here in June this stock was about $2.50 and then fast forward to that this is the first of June fast forward to today which is the 30th the stock has gone to a high of close to $20 so if you bought it down here and it squeezed all the way up here again my personal advice would be that you sell and take out your initial investment and only play with house money right so that if anything would go wrong if you start with a pullback drastically you would not feel the pain because you know that you took out your investment and if possible because if you bought this at $2 and it went up to say $19 that is $17 profit unless you are a greedy savage you should be able to take out enough and still be happy again at that point if the stock squeezing goes to 30 40 you probably be bidding yourself like why did I sell some but if it goes back to $2 then you'd be crying so if you have money and it's better than you anticipating that or I'm going to get money in the future which stocks like I said again with companies that are established that we know for sure going to be around and are strong that are mainstream I don't have an issue with that but with up and coming companies that are just trying to make your name unless you are doing something that is really changing like Tesla came in and just changed the the auto game as far as going electric so unless you're doing that kind of thing it's difficult you know to really come in and have a strong position so my personal opinion at this point if I look at tip rank I would say the stock to me is is overvalued to where the price is right now so I would wait for a pullback if they start with a pullback and come down let's say around the $10 $9 position that's when I'll be able to buy it but at $18 or $19 I'm a little bit on the fence with that and again investing in the stock market as a risky business you take chances you do the analysis but yet and sometimes the workout sometimes it don't so I'll personally hold back on this one and wait for a pullback before I can actually jump in so and again that's it for this video guys so let me know in the comment section what do you think about this particular company do you think that oh mr v no this company has a huge opportunity or you think no I'm not touching it this is so risky again no let's keep the conversation going in in the comment section if you're new and you're trying to get started with investing we both currently doing a promotion where if you open an account with them you get two free stocks not one two first one would go from like $2 to $250 and the second one go from $12 to about $1400 so I'm going to put the link in the description below definitely go check them out don't forget to give us a thumbs up and hit that subscribe button if you're new to the channel because YouTube tells me that 90% of you guys watching haven't already subscribed to the channel and as always stay motivated