That's the danger of China stocks and SEC investigations. This whole stock scares the hell out of me. All the pumpers (MINDLESS PUMPERS) that never scare. This stock is ALWAYS a better buy than it was before.
Only a true idiot HOPES that there stock drops so that they can buy more. I see this posted constantly on this board. I saw this same sentiment on the APWR board. This was a Chinese ADR that was created from a reverse merger, just like KNDI and most scams from China. It no longer exists.
KNDI is one of the few companies that was created from a reverse merger that still exists. I don't know if many of you know that or not. I thought it was an interesting fact.
Don't get stung on this. People can fake videos. They faked making giant air generators at A-Power. The Chinese are the best scammers in the world.
There's no similarities other than they are both Chinese companies. The management is completely different. LIWA has old school older than 60 Mao generation leaders.
Sentiment: Strong Buy
I agree, I'm stuck in LIWA but finally capitualated and sold my other Chinese stock (ACTS) even though I'm still cautiously optimistic about it, but I just don't see how you can have any faith left in these types of stocks, especially one with as many red flags as KNDI.
Sentiment: Strong Sell