I am long Kandi, why is Kandi going down?? Does anyone know when the leasing program will kick in? I am begining to
think maybe I should of not bought this stock...I was hoping to have an annoucement councerning leasing of Kandi evs by now..Any serious thoughts would be appreciated..I am hanging on, but getting worried a bit.
KNDI was supposed to produce and deliver 5,000 EVs by 12/31/12. That didn't happen. I agree with the other poster responding to your question. KNDI is just stringing shareholders along for whatever reasons. I expect continued pressure on the stock as time goes by and promised production of EVs fails to materialize. I see no reason to hold this stock. Best to move on and stay clear of all Chinese small caps. Check out LPH message board as the most recent example of a China small cap flop.
Agreed. This stock is going the way of LPH eventually. GEO, ShareSleuth have exposed this dog. Porcari has been implicated with evidence as a pumper by GEO and ShareSleuth. Private message board Porcari is still pumping. In the past porcari tried to create a short squeeze. He might try again for one more pump and dump. In any event, save your money and sell at the open tomorrow.
The object of this company is to sell shares while stringing the shareholders along with stories about what is going to happen. They are ably assisted by pimps like Konrad, Porcari, and the other semi-illiterate whose name I can't remember right now.