Workhorse (NASDAQ:WKHS) took a 15% hit last week as the EV industry including Tesla struggled to gain any traction on Wallstreet. The stock corrected from its standing equilibrium at $23-24 to $19.20 with no associated news. Workhorse has since rebounded above the $20 mark however continues to experience unusually low volumes suggesting a large bounce […]
Author Archives: Tyger Fitzpatrick
How to invest in the US stock market from Australia?
The US stock market is host to the best performing market indices across the globe. The US market is made up of two large exchanges, of which buyers and sellers can trade shares in US listed companies. The NASDAQ and NYSE are host to some of the largest corporations in the world, of which own […]
Senmiao Technology (AIHS) forecast for 2021 and beyond
Senmiao Technology Ltd (NASDAQ:AIHS) is currently flying under Wallstreets radar. The stock has surged 213% over the past month, with investors continuing to rally behind the Chinese Fintech. With a current market capitalisation of $60.1 million, the micro-cap stock has captured speculators attention. Analysts are yet to place the first 12 month price target on […]
Will INO stock bounce back? Here’s what you need to know
Inovio Pharmaceuticals Inc (NASDAQ:INO) has been on a recent downward trend, with the stock losing 56% of its value over the past three months. Currently priced at $11.85, INO rose to polularity amongst retail investors due to its sheer returns it produced between February and August of this year. The recent announcement on the 28th […]
DiamondPeak and Lordstown close in on merger – Here’s what you need to know
DiamondPeak Holdings Corp (NASDAQ: DPHC) is one of the hottest Special Purpose Acquisition Companies (SPAC) listed on the market right now. The company initially announced its reverse merger with Lordstown Motors on the 3rd of August. DPHC has since climbed an impressive 125%, rewarding investors who had snapped up the chance to buy early. The […]
Will Workhorse land the USPS deal? – here’s everything you need to know.
Workhorse (NASDAQ:WKHS) investors are gearing up for an announcement from the United Stated Postal service (USPS) regarding their $6 Billion deal to revamp their delivery vehicles. WKHS surged 12.62% on Friday as Roth Capital analyst Craig Irwin noted that Workhorse was best fit for the USPS deal. Workhorse is the only contender for the deal offering […]
Analysts are bullish on Plug Power Stock – here’s what you need to know
Plug Power (NASDAQ:PLUG) stock has continued its impressive bullish run, posting an impressive 549% increase over the past year. The hydrogen cell developer has kept analysts busy, toppling their 12 month price target expectations. Plug Power’s sheer operating scale makes it the largest liquid hydrogen consumer in the world. The stock has been strongly influenced […]
iBio’s stock forecast for 2021 and beyond
iBio inc. (NYSE:IBIO) rose to popularity amongst the investor community as they announced their intentions to develop a COVID-19 vaccine. The stock is currently trading 586% higher since the beginning of 2020. However since July, iBio stock has been on a downward slope which has since found a new equilibrium at $2. The initial announcement of […]
Here’s why analysts are bullish on Virgin Galactic stock
Virgin Galactic Holdings Inc (NYSE: SPCE) surged 24.8% on Monday as Ron Epstein, analyst at Bank of America announced a bullish $35 price target. This price target suggests an upside potential of 71% from todays current price. The bullish outlook from analysts gives long term shareholders of Virgin Galactic a vote of confidence moving into […]
Here’s why Urban One (UONE) stock is up 90%
Urban One Inc (NASDAQ:UONE) has seen a volatile year of trading, with the stock reaching a 52 week high of $54.16 and a low of $0.95. The stock rose to popularity in the Robinhood community after UONE rose 2000% over a months period of trading. The media giant, founded by Cathy Hughes aims to tailor […]
SHLL closes in on merger date with Hyliion – here’s what you need to know
Tortoise Acquisition Group (NYSE: SHLL) has made a name for itself on Wallstreet this year as they plan to merge with EV truck innovator Hyliion. SHLL has surged 343% over the past quarter, as the merger date moves closer to finalisation. Over the past few days of trading, SHLL stock dipped sharply as the EV sector […]
Here is Workhorse Groups Stock Forecast for 2021
Workhorse Group Inc (NASDAQ: WKHS) has made its name on Wallstreet this year as investors took every chance to snap up shares in the electric vechile manufacturer. Workhorse is most commonly known amongst investors for its innovative spin on pick-up trucks and transport vans. The stock has seen incredible growth over the past 3 months, currently […]
Shorting the US market with SQQQ – here’s what you need to know.
ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) is a leveraged (3x) ETF that inversely tracks the Nasdaq 100 index. The ETF gained serious popularity amongst investors during the market crash in March earlier this year. It is important to understand the instrumental purpose of certain ETF’s before looking to invest. The SQQQ is a highly risky […]