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Trading Speculative Workhorse? Be Careful

Trading Speculative Workhorse? Be Careful

During Wednesday's "Mad Money" program, Jim Cramer told viewers that in the speculative camp investors are gambling with shares of Workhorse Group Inc. , a tiny company that's losing a fortune and only has a float of 73 million shares. In this daily candlestick chart of WKHS, below, we can see the dramatic rise in prices in recent days. The On-Balance-Volume (OBV) has been rising with the price action, but I am watching the price momentum study closer.