Kandi should be higher, but is down after J.V. with Geely. What's Up-I am long and expect a slow rise on pps.
watchman, you can expect future announcements of this sort to result in similar stock price action. Wallstreet has expectations for KNDI. That's why it boasts a high p/e. It will have difficulty moving significantly higher until the earnings improve. You can only go so high on hype.