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This One Is Too Nervous To Watch. Pfizer

This is a short blog full of twists. Try to get through it. First a five day chart of Pfizer. chart. In the past week it was up $1.05 and it was the 7th most activity traded stock on the NYSE most active list. It's in a breakout mode. Look at how it traded over the last three years. This breakout mode might last a few days, weeks or months. This stock has a history of moving somewhat slower than most stocks. A second quarter earnings report comes out July 30th. If it's good that could add a touch to the stock's price. Now this. As a general rule stocks and options on stocks in this particular price range are difficult to play and in this case everyone is following the same story. Fred down the street and John around the corner and Mark across town are all dialed into the same commentary. There is nothing that really gives you an edge when it comes to playing it. That's the problem. Here now is a look at the Pfizer "next-week-out" $30.00 series of Call optio
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A Toll Free Number To Listen To A Workhorse Conference Call. Please Make The Effort And Listen In.

Is this company on the cusp of making money or is trying to do to many things at once? The stock's price dropped almost 15% today after this call came out. It seems they will soon be on a hussle to raise more money but it's hard not to somewhat impressed by how far they have come. It doesn't really matter how much you know about this company but what a great way to be introduced to it. Just make the call now. It's free and it's interesting. Does this company have a future? That's the hard part to figure out. In the past most companies like needing additional amounts of money are to early to buy into. Just saying. Take the Lion Electric Bus Company (symbol LEV - see my Oct 31st blog) or Sono Group ( symbol Sev - see my June 19th 2022 blog) or the three wheeled Canadian electric vehicle company called Electrameccanica (SOLO - see my Aug. 17th 2022 blog). I have talked about all three of these companies several times in the past. Now here are some of Workhorse's stock charts. First it's five day chart.
Now it's one year chart.
Now it's three year chart.
Aren't you happy that you didn't buy in at $40.00? One of the problems with buying any stock in the $1.75 range is that it can continue to sell off in price. This sounds like a simple thing to say but it's true.

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