CALI is significantly undervalued.If not for the baseless rumors and attacks on Chinese microcaps CALI would be trading many multiples higher.
Based on the growth and profitability, the company is undervalued. The reverse split was really the best strategy to counter the shorts who are now definitely in the wrong trade.
The stock should go back to $15-17 in 2013. Big growth sector in China.
To be honest, the book value is 3 bucks now. Their is no difference in this company and one below. I think out of nowhere this will get to that. WOW!https://www.google.com/finance?q=NASDAQ:KNDI
In fact, that stock went from 20 cents to 6 bucks in a matter of days.Wow, this was a find, thanks guys!