/ddg/

/ddg/ DD gathered from the general and anything else I see in other threads or find on my own. Will try to keep this fairly up to date, no promises. I will probably list info first, then opinions and theories afterwards, any "me" or "I" mentioned will be referring to the anon who posted the opinion, not myself.
Disclaimer: I will probably do some light editing for the sake of continuity and legibility, but I will do very little if any fact checking on any info. Unless I already know it is wrong or find out later, I will add it to the pastebin. I will add more info to the different tickers as it is posted or as I find it on my own. If anything posted in there is incorrect, just say something and I'll eventually remove it.

PHUN:

>(FA) PHUN is a mobile software development company for advertising and location tracking. They have been bleeding money for years and have been served NASDAQ delisting notices but they have changed management and have been aggressive since then in acquiring new contracts and deals.
>(TA) There is some very strong support at 1.2. The volume and volatility is currently low which means that any buy pressure causes the stock price to rise very quickly. All of these can be pinpointed to news events or new deals and partnerships.
>Warning: Sitting on large amounts of debt.  Ignore the random AH noise right now. It will be gone by tomorrow. They tweeted out news about a deal made a few days ago for a contact tracing app with AnyPlaceMD. That pump will likely be gone by tomorrow premarket.
**As of June 30**
Thoughts:
>My thesis is that this stock has been overly beat down and has potential even beyond the drive for more location and tracking services associated with Covid-19. Or certainly higher than its current market valuation would suggest.

ESNT:
> Trading at very low P/E (6.17 at time of writing) and P/B (~1.1 last I checked)
> They are a mortgage insurance company, which might give you pause considering the circumstances, but their entire business model is basically built around being able to survive a 2008-scale event. According to them, they are tail risk hedged, and the default rate of the borrowers they approve is lower than it is for other companies. That said, their main revenue is from premiums, while their main expense is from partially reimbursing their clients if the loans default, so this is not a low-risk stock.
> Before COVID, they had consistently increasing revenues and a high (>50%) profit margin
**As of June 30**
Thoughts:
>So, putting all of this together, if you believe COVID will *not* cause a 2008-like wave of mortgage defaults, this stock may be a buy. A return to form would mean a significant jump in their stock price (they are still ~40% down from their ATH) with further growth in store.

WKHS:
>7/17 expiry options
>Bidding for USPS contract ends 7/14, results won't be announced immediately
>Workhorse Joins Russell 3000 Index
>Workhorse Secures $70 Million Financing from Institutional Investor (Single Investor)
>Workhorse has a functioning infrastructure already from being around for a while already unlike some other meme EV companies
>Strong volume and tested support levels across both days, not indicative of a PND like UONE, BYFC, etc.