I finally made up my mind. He's getting a 30 day trial membership in ISIS and a travel voucher (one way) from Miami to Kobani.
We should go easy on Cuban. He's just a poor working stiff, trying to make a living. I think I'll send him a ham for Christmas.
I don't know, but I will hazard a guess. It's a cheap way to get into the EV business, and they believe KNDI will be a leader. I haven't studied Geely's financials but they may not want to risk a lot of capital. Just hedging their bet on China's EV business.
I like biotech also. I'm long GILD. The fact is though, SKX has outperformed Gilead and Celgene over the past year, and I see that continuing for a while. Stocks like SKX which have gained so much, are going to be volatile with the uncertain global markets. You just need a strong stomach.
the other day. That could be a meaningful account, if the product does well enough for Sam's to stay interested. Hopefully they are able to maintain decent profit margins selling to a "deep discounter".
KNDI is traded enough (day traders, not true longs) that there will always be decent liquidity to buy and sell positions. Most shorts should be able to exit without major damage, regardless of what longs may do.
Consider this. Despite losing 30-40% of it's value since shelf offering KNDI has easly outperformed TSLA and AAPL over the past year. Without checking I would guess they are in the top 1% of U.S. listed stocks for that period.
The few that would tell the truth are drowned out by liars and exaggerators. It's endless spin with no regard to ethics. The difference of course is that congress is supposed to be running a country, while Yahoo boards are primarily entertainment. Apparently gridlock is the norm for all public discourse. Truth is lost in a jungle of false witness. I will stop short of naming the majority and minority leaders on this board. I'm not really complaining about the board. It really is entertaining, and on many days I read most of the posts. By way of amateur psychoanalysis, I use the banter here to analyze daily movement of the stock price. It's at least as useful as technical or fundamental analysis (my opinion only). Keep it coming.
I enjoy your posts. You always manage to get straight to the point.
Why would you ask about shareholder rights? You're obviously not a shareholder. It seems more likely that you are paid to bash since there is no other apparent reason for you to keep posting here.
If history repeat itself, we should be back in the $20's before earnings next month. You don't get to apply that principle to just the part of history you choose. If you really want to use history as a predictor, it works strongly in the favor of longs. Even with the stock "all the way down to under $12", it is more than 60% higher than a year ago.
I've been long KNDI for 7 years, so I can appreciate a little optimism. Nonetheless, I believe your numbers to be exaggerated and premature. You used 2 words in your post that don't belong, those being "logic" and "conservative". I do believe those numbers will come, just not as soon as you suggest. By the way, you should embrace the shorts. They do more good than harm. Betting against KNDI does not influence the future success of the company and shorts add to the liquidity we will all need one day when taking profits.
bullpower, I agree with you. We need revenue numbers from KNDI. Let's not forget also, that most of the revenue is from government subsidies, and doesn't it take several months to actually receive and book that subsidy? September production may not be substantially recognized as revenues until 2015.
Yes the price says it all. One year ago today it closed at $8.05. It's up more than 60%. No one is suggesting it will go straight up without occasional period of consolidation. Gary P. asked earlier why KNDI is falling? LOL, it must be falling uphill!
Got a link? I've seen a press release that discussed production exceeding 20,000 EV's. That's a lot different than sales.
KNDI is not a car rental business. It is a manufacturer of EV's (also go-karts) which sells to a rental business in which it has less than a 10% ownership.
I don't see it that way. Analysts still raising estimates for this year and next. Why? There is no reason for lower oil prices to reduce domestic production. Lower oil will increase consumption and frackers will benefit.