 Why What's up money geeks mr v here welcome to another video guys so in this one We are going to take a look at why Workhorse is surging the stock has just gone a little bit crazy compared to where the stock was trading last Month so I want us to kind of take a look at this and really make sure that for those of you that are in the stock You know exactly what is going on. So if there's if you maybe bought the stock when it was down to say seven dollars Now it's up to say 15. You can secure some profit because Um, there is really no reason why this should be popping. So we'll talk in depth But before we get started guys if you're new to the channel We're hard to earn money how to save money how to invest and build wealth If there'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 again guys, uh, we take a look here Workhorse has actually just gone crazy. Uh, if we look this is the last month So as of today, Workhorse is actually trading went to a high of about 18 dollars Again, if we go back just last month this stock came down to about seven dollars and 50 cents And so why is Workhorse surging? There's really no information on the website or anywhere online that Kind of you know gives us any indication why the stock is actually moving above when I did some digging I found out that Workhorse currently it's the number one Shorted stock that's out there. So if you go to um high short interest calm You would see Workhorse is listed as number one and the short interest day is about 42% that's insane. So if you look at the float here 113.3% and the outstanding shares are 123 So, I mean, this is the sole reason why the stock is surging and you guys understand that when the stock Is highly shorted like this. What usually happens is that if uh, if investors starts to buy the stock The short sellers want to cover and get out and in the process of trying to cover They in turn push the price of the stock up because when you when you're covering, uh, your short position You are actually buying the stock. So that pushes the price of the stock up So, I'm assuming again based on the information I see that that's what is pushing the price of the stock Um up because there's no reason whatsoever why this price should be moving up as it is doing right now If you look at the fundamentals, it doesn't add up. So definitely Enjoy these gains if you are in it if you bought in at that low price That says seven dollars Secure some of those profit guys Because this thing is probably going to pull back and when it pulls by it's going to pull back hard Especially since there's no information out there again. I think workers has actually joined meme stock Family right now because of just the fact that it's highly shorted. So Again, if you're trading it trade with caution use your stop loss Make sure that you're not uh, burn if this thing reverses. So that's um, why I think Workhorse is actually surging as it's going to carry into Next week. Oh, is it going to become the next amc or Game stop? I'm not certain But it certainly has the potential all the characteristics of Game stop and amc Appointing to work horse to kind of make that kind of a move But again guys Be very cautious when you trade these stocks So that's what we're going to cover in this video If you're new to the channel, we talk about how to end 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 the notification bell too Don't miss out on new content. Also guys, if you're looking to get started with investing We will have their promotion where if you sign up and deposit a hundred dollars You get some free stocks links in the description below and as always guys Do your due diligence. Don't be a greedy savage and stay motivated You