 Wow What's up when it gives me the V here welcome to another video in this one We are going to talk about to get somebody WKHS work horse. We've covered this talk here on the channel talked about them a Lot when they were still in contention for their, you know USPS contract to produce electric Delivery event so ever since they missed out on that contract the price of the stock Felt like a rock as a matter of fact was a falling knife and so or again We talked about it when that happened So I kept saying like hey They need to do something right now to be relevant and and get them back to where people really saw them before And so today there's been some different some news that I wanted to cover with you guys Hopefully this might open up the doors for a work horse again to see some really good news Before we get started guys if you're new to the channel We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content. So the reason why we're talking about work horse today guys I'm going to jump straight to this is because Work horse challenges USPS decision to award vehicle contract to Oshkosh so again when we talked about it most people didn't even understand why the Workhorse didn't get this contract because Oshkosh they don't really have The capability or they don't have the background as far as electric vehicle like work horse so it was kind of a you know a Intention there that maybe there was some sleight of hands to actually award that contract to Oshkosh so now the challenge in a court what this is going to do is is going to force them now to Open up the books and bring the decision making to the table so that people can see it If it was actually a transparent process or again like I said if there was some sleight of hands there So again, this is all over the news workhorse is taking USPS to federal court of our loss male vehicle contract again USPS is actually owned by the federal Government or on and controlled by the federal government. So you're taking them to federal court I don't know how that's going to play out again. I'm just doing this in my head Hopefully there's some transparency there so we can actually see what actually happened So to me, this is this is big news Because without these news right now They're talking about, you know, they're Different products one of which if you can see it is their horse fly which is their drone delivery system This would have been the one that might give them some relevancy in the space but again They want to have a name as a clean energy Company so electric vehicle company. So again, they have some other products that might give them You know some business, but this one with USPS would have been Massive that would have been a lot of money for this company and the stock would have just skyrocketed But we'll see who knows maybe this challenge in court might be something that can bring them back again into the mix and hopefully they get the opportunity to build even if not some or even part of you know, the delivery Vans that USPS is actually placing orders for so that's what I wanted to cover in this video guys again Like I said, I've actually done videos here covering Workhorse if you don't know what the company does definitely go watch those other videos you get in depth today Was just about this news that work horse is actually challenging USPS in court and again this we're gonna open up the books is gonna open up for transparency so that we can actually see What happened behind the scenes? How did they come to that conclusion in making that decision? So to me that would be something that I'll be looking really close. So as of when we're doing this video You can see work horse is currently trading at about 1486 after hours 1485 and my Market close. So if you can see here the stock actually took a little spike after hours From 1448 to a high of 1480 about 15 actually so again, this is this is a good catalyst that if this thing goes to court and You see that they were not treated fairly or there was something some slight of hands It might be a good catalyst because as of right now I don't see any major catalyst that will push the price of this stock up So I'll just keep my eyes open on this one and just see what's gonna happen there So again, let me know in the conversation. What you guys think about is Again, does it make sense to you that? Workhorse is challenging USPS in a federal court Again, these are things that you have to really see that it was something that happened behind the scenes or have some evidence Because you cannot just sue somebody for no reason if you're suing somebody or taking them to court It means you have some sort of evidence that something happened So maybe something happening in this case. We would see one of these Delibration stats in the court. So I'm super excited about it. I'll grab my popcorn I'm gonna sit there and watch the whole thing unfold in the meantime. I'm gonna keep my eyes again on work horse I mean, it's a good opportunity. He actually was part of the meme stocks if you can see here on this High short interest tax work horse is still number one shorted at about a 40.2 percent short interest which is crazy So again, this is something that can still drive the price of the stock If it continues to be a meme darling or otherwise, I mean just you know buy dips and and potentially See if this thing can squeeze back to the upside that would be my approach again Let me know what you think in the comment section if you're new to the channel Which cover how to earn money how to save money how to invest and build wealth There's something that interests you go ahead and hit that subscribe button and your notification bell So you don't miss out on new content also guys if you are looking to get set up with investing Weibo has their promotion where if you sign up and deposit a hundred dollars You get some free stocks links in the description and as always do you do diligence? Don't be a greedy savage and stay motivated