I owned this stock back when you could buy it for ONE DOLLAR. There was NO ONE in here in this message board except for me. I would return day after day... and nothing. This stock historically has spiked like a porcupine. STXS has been a similar stock. It tends to lose most of its gains. If you catch the rise and have gotten in VERY low... you are golden. Best ticket is to sell the spikes. You will have another one within two months probably... for those of you who stick it out. Buy it on the bottom... sell the top. Not really recommended for a buy and hold... unless you are content to leave it the hell alone ... and not sweat the roller coaster... because IT IS a roller coaster ride. Enjoy! Basically... it's just not a mainstream stock... yet.
This is basically a technical correction, no stock will go up for ever there are pullbacks, however, the earning date is close and that would be another trigger for going back up after getting out of the overbought status.
It has already percentage wise from one dollar to six dollars outperformed Kandi in the same time period. 500 percent. Kandi... which I also held... and did not make money on... I sold off at 4.60. Kandi is now up 300 percent... and Kandi is partnered with Geely Auto, the owners of Volvo. They distribute the Kandi cars in China at 1000 dealerships. To answer your question... I think HPJ long term will outperform Kandi... because it is supplying the mass transit electric buses of China... and can grow faster than Kandi. Kandi and HPJ both are now making money... so either one is a strong long term buy. Just now I can't park money like that... I am trading not investing. Enjoy.