See our analysis on Clean Energy Fuels Stock Chances Of Rise for more details.
So how is Clean Energy Fuels stock expected to trend in the near term? Is the stock poised to rise further from here, or is a decline looking likely? Based on our machine learning engine, which analyzes Clean Energy Fuel’s historical stock price movements, the stock has a 51% chance of a decline over the next month, after rising by almost 15% over the last five trading days. At one point, the stock was up by over 20% between Thursday and Friday, despite the fact that there wasn’t much meaningful news relating to the company, or the broader oil and gas space. It appears that the stock is gaining the attention of Reddit investors, who have been piling into stocks with relatively high levels of short interest and low stock prices. Social media gives its view on Workhorse Group Inc.Natural gas supply company Clean Energy Fuels (NASDAQ: CLNE) saw its stock rise by almost 15% over the last week (five trading days) outperforming the S&P 500 which has remained roughly flat over the same period. We are unable to provide a definitive WKHS price target because of the unpredictable environment the stock is currently occupying, though we wouldn’t be surprised to see a substantial uptick in the coming days, weeks or months. Should you get in while the stock is trading at around $15, you could be in for an interesting journey that could lead to major gains. This is unlikely, though if the events of 2021 have shown us anything, it is that extraordinary things can happen at unexpected times. If you want to throw the fundamentals out of the window and take a high-risk gamble with the potential for serious rewards, WHKS could be an investment to seriously consider. Quite whether things play out this way remains to be seen with investors currently diverting the bulk of their attention towards stocks like GameStop and AMC. With the largest short float on the market today, Workhorse Group is a prime candidate for an almighty short squeeze and it is already up more than 60%.
There haven’t been any major catalysts, rumours or news events it seems the reason behind this surge is the widespread short squeeze crazed that was originally initiated by the popular Reddit community, WallStreetBets. However, major institutions and hedge funds have expressed serious doubts about the company’s business model, leading them to open large short positions on the stock. With upwards of 100 employees and 2 locations nationwide, some investors have been feeling bullish about the company’s prospects. What is Workhorse Group?įounded in 1998 and based in Cincinnati, Ohio, it is an American manufacturing company that is currently focussed on manufacturing electric-powered delivery and utility vehicles. If neither of these services are what you are looking for, check out our detailed comparison of the ten best stock trading platforms. Offering the flexibility of CFD trading, Plus500 is a great service to gain exposure to thousands of different investing instruments. Here are two of the best platforms to buy Workhouse Group shares: 1) eToroĪs one of the world’s most well known online brokerages, eToro is an easy-to-use platform for beginners that also has the advanced analytical tools that experienced investors crave. In addition, many offer low-fee trading services and 24/7 customer support. These are regulated services that offer exposure to many different assets including stocks, forex, commodities and even cryptocurrencies. When investing in a stock like WKHS, your best bet is to sign up to a reliable stockbroker online. Simply scroll down to compare your options and get involved. In light of this demand, we thought it would be helpful for our team of analysts to list the best places to buy WKHS shares online.
Because of this, plenty of investors have been exhibiting increased interest in WKHS stock this week. With a short interest float over 41%, Workhouse Group (NASDAQ: WKHS) really could be the next AMC or GME, and investors have decided to start pumping the value of this certified meme stock in recent days.
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