Recognizing that KNDI has exclusive sales to the JV, a 19% stake in the JV, its own long term lease program an expansion of the JV garage concept to major hotels, and an expected gross margin on EV sales of $1700/$2000 per EV, I have and will continue to accumulate below $10. This is a phenomenal opportunity IMHO. However, I don't expect to start seeing significant results in PPS until Q1, 2014 EPS are published and Q2, 2014 forecast is provided.
Sentiment: Strong Buy
I personally believe NQ is way better stock than KNDI. I had bought KNDI at its peak at 8.50 because of all the HYPE an sold at a nice loss at 7.20 a month ago. I havent seen any upside since then.
Only a naive investor buys on a pop.
KNDI is one of the easiest stocks to play.
Wait for the dips and accumulate.
I have been doing that for 3 years since $2.XX days.
I will still be doing it when it is at $3X.XX
$7+ now and we haven't even stated volume shipping.
Good luck NQ though.
History shows if you buy stocks after Pearson hits them you will make big returns.