Yahoo says KNDI is only 1% of Shares Held by Institutional & Mutual Fund Owners. Why so low? I would have thought mutual funds would be buying this company for the long term. Makes you wonder if this is all hype. I bought in at $6.40 so I will have some patience and see where it goes by the end of the year!
E-trade shows 9.65% institutional ownership.. That in itself is also very small but got to take into account that this company doesn't have any analysts covering it. That might change within a year or so if the company starts making some serious money.