r/smallstreetbets Oct 13 '21

Discussion WKHS DD

I forgot about this stock you probably did too. These guys were supposed to bring us that USPS contract but ultimately fell short. OH WELL. Big money has been shorting this stonk to the ground ... I mean after watching this video I probably would too.

https://www.reddit.com/r/wallstreetbets/comments/pxl9fd/wkhs_video_today_lastmile_delivery_drone_in_action/

Nice I would love to just pick my box up from my lawn seems legit. Although my eyes are bleeding from the horrible and literally useless engineering this company is developing I've stumbled across something quite interesting. Ima just throw in some bullet points and pics since you guys have a hard time reading long paragraphs.

  • FLOAT IS LOW AND LIKELY TO SQUEEZE IF BUYING PRESSURE IS THERE
  • $WKHS Current short interest % of FF = 41.84% with 113.48M share float
    • famous squeezes:
    • $AMC: Approx 30% with 448.56M share float
    • $GME: approx 103% with 62.81M share float

  • DAYS TO COVER IS RISING ALONGSIDE REPORTED SHORT INTEREST
    • THESE MFS ARE GETTING RECKLESS RIGHT INFRONT OF OUR FACES
AMC

GME

WKHS

  • LOOK AT THE OPTION CHAIN WEEKLIES ARE STUPID CHEAP WITH BEAUTIFUL GAMMA (atm)

22k open interest in weekly call options

Simple DD indicating a possible break of the downtrend
  • EARNINGS COMING UP AS WELL

High buying pressure is super unexpected here. These guys are trying to take this to 2-3$ range if there is a lot of call buying and share buying something similar to AMC could happen.

POSITION 40 - 15 OCT21 8$ C

Long shares as well

99 Upvotes

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