I agree and when your enemies throw everything they have at you and you shake them off they usually end up being your allies!
It's a lot like claiming an company is infringing on your patent, Trolls are everywhere. In 99% of the cases they find no fault of the infringer or so the troll claims they are..
Kandi is not going to risk having a representative on live TV answering SEC investigation questions and possibly blowing the case if there really was one. Goldman, and all the others would not be parked in shares of KNDI if the SEC even hinted to some illegal practice.
That news alone could send KNDI to $20 and I truly believe Elon Musk wants in China bad enough to eventually partner with some one. Who better than their biggest competitor right from Musk's mouth!
$14 will look so cheap in a year from now.
vs leasing? Answer, the Government is backing with large subsidies on every car purchased by lease companies. Second benefit to using the Kandi lease EVs. $3.00 an hour vs a large purchase price and possible repairs and insurance costs. Kandi is candy in China's eyes!
Investors should expect an announcement very soon from SEC eliminating any further investigations regarding Kandi and the full details of the matter. It was obvious that they were notified from a possible competitor hoping to find illegal auditing practices which would have been easily targeted if there were any. Kandi has complied fully to help SEC resolve matter and if there wasn't any credible finding after one year there aren't any.
5 million vehicles forecast for build by 2020 and a business model of leasing that Kandi is leading the market with as a government backed business.
over a year. I bought 1k in Jan. 2013 sensing things might change. Still the doubt outweighed the positive and it continued sideways. Then within 6 weeks of trading it shot from $32 to $81 and now CNBC was started covering the company. Much like Fast Money is about to do tonight. I still wasn't convinced this was real and removed the ticker from my trading screen. However, it seemed every day I was haunted by the live streaming tape on CNBC when it continued climbing. EVs are here to stay and Kandi is starting to be noticed heavily by several news outlets. Coverage of Kandi here and abroad will draw attention to the investment community as has big institutions who've already purchased shares of 1,000,000+.
With the changing environmental guidelines happening quickly in China and W. Buffet already in it bodes well for investors. This could be a $100+ and if a partner were to take a stake in early stages with proven results you could double or triple that figure.
desire to sell in China things begin to get interesting. Mr. Musk thought up until the latest release from Chinese authorities regarding the subsidy matter it was over and they'd begin sales. However he just now realized that he's got no tax help but really planned on entering China in 2015. Now he's been set back 5 years as Government ups subsidy duration or does he make a tender offer to partner.
It would allow "that EV company assess to capital and entitle sharing technology in either direction. A few weeks back Elon mentioned Kandi as a real competitor when he assumed he'd be entering China. Now that tax break only applies to builders in China he may know from experience here that they are going to become very successful with new EPA regulations dominating China.
I'd bet he'll be rethinking the matter and find a way in through a established builder. Cannot see BYD and Tesla working together but certainly Kandi a massive competitor and T holding hands soon.
The forward looking statement to investors from Elon included entering China and having tax breaks, without it they may devalue TSLA a significant %!
This post belongs on top because it's facts are true and the insider purchase of 10% was done well in advance of the turn around. What I mean is, they wisely purchased at or near the bottom at least a month or so before oil begins to slowly creep back up. These BOD are well aware of the need for their rigs and the proper location that benefits Hercules the most. This post is right on the money and $5 is very possible by mid to late 2015. Oil dictates economics and if it was to continue lower many nations would begin to consider war as their dependency on oil revenues is life or death. Fantastic write up by someone who knows the company and it's furure.
BUMP TO TOP EVERY DAY!!!
to the American people and gouging the pockets of their own for personal gain. Or there really isn't as much oil as they are leading the world to believe and the $100.00 barrel is coming back soon. Regardless it demonstrates how trust in any nation is and will be cut as this game plays out. Who will suffer the greatest amount not the wealthiest non the oil companies not even the government but once again the American middle class. The very backbone of this once great nation as the smoke will rise and suddenly oil will be in shortage again. HERO is very cheap if this turn around happens in 3-4 months or our government will allow the destruction of every American oil company and driller and many more families with pensions tied to oil companies will be extinct!
Just one other thing. As I stroll through all the new car dealerships Toyota, Nissan, Ford, Dodge, Chevy, Audi, VW, BMW, Mercedes Benz, Haundui, Cadillac, Jeep/Chrystler, and all the others I see another "common" ...100% of them require gasoline. So the electric vehicle market is still priced much too high for the average 99% of the worlds population. This so called gas glut that suddenly appeared as we near elections in 2016 will play out to favor someone. Who, I couldn't tell you. But if the Democrats new there was this much available oil sitting around the world while Americans were paying $4.50 a gallon for gas in September 2008, loosing their jobs, homes, pensions and watching the market crash and did nothing i fell sorry for them at the polls next time around. If all it was was a game and now suddenly there's so much oil that inventories are are at record levels they look even more stupid. The threat of large corporations boing out of business here in America as Saudi Arabia pumps billions a day for roughly $7.00 per barrel and can supply the worlds demand for life then were all doomed!
That ain't going to happen nor will the billions in taxes that these corporation pay to this nation be eliminated!
The notice of effectiveness is a public declaration by the Securities and Exchange Commission that a public company's registration statement has been accepted.
For shares in a public company to trade on the open market they must be registered by the company. These registration statements are reviewed by the Commission for a period of time before approval is given, and this notice marks the successful completion of this review process.
Income Statement Get Income Statement for:
View: Annual Data | Quarterly Data All numbers in thousands
Period Ending Jul 31, 2014 Apr 30, 2014 Jan 31, 2014 Oct 31, 2013
Total Revenue 24,610 23,507 22,221 22,787
Cost of Revenue 16,548 16,407 15,972 17,745
Gross Profit 8,062 7,100 6,249 5,042
Research Development - - - -
Selling General and Administrative 6,595 6,518 - -
Non Recurring - - - -
Others - - - -
Total Operating Expenses - - - -
Operating Income or Loss 1,467 582 (389) (1,030)
Income from Continuing Operations
Total Other Income/Expenses Net (494) 81 (174) 173
Earnings Before Interest And Taxes 973 663 (563) (857)
Interest Expense 683 640 796 649
Income Before Tax 291 23 (1,359) (1,507)
Income Tax Expense 676 23 252 329
Minority Interest - - - -
Net Income From Continuing Ops (386) (0) (1,611) (1,835)
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income (386) (0) (1,611) (1,835)
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares (386)
Really, that's your take, it shows just how stupid you are! First Lake pays of substantial debt like repbutable companies do, then inform share holders that two(2) increases have been necessary to keep up with demand. Then factor in the sales have not hit the balance sheet as of this last Q.
So, what do think the bottom line will look like in Feb. when all these sales are logged and credited in Lake's books? Look here you stupid short, this company is going to skyrocket very soon and when the PR announces those PPE suits have shipped along with a new booked orders # you'll be 100% broke! Keep shorting please as it will only help me take more of your dollars IDIOT!
had several orders booked but was struggling to get necessary parts in to complete. Then without news or even good 3s at ER the price sitting at it's 50 day ma shot up as investors realized those orders would be filled. Lakeland has given investors the same scenario with necessary overseas production increase to keep up with demand , 1M suits PPE already being assembled for delivery, and more orders coming in than they can keep up with, and now a large portion of debt paid off. It will take all of PPE manufacturers running at full capcity to supply the world with the proper PPE to combat this epidemic. even 100M in orders with a outstanding share count of only .3M and 1.26 of them swallowed by shorts for this to hit $30 in 3 days!
Many bashers on the DGLY board saying the same things they are here missed a $12.00 move in just 4 days when price went from $11s to $23!
LAKE is in the same position and is volatile moves come fast and furious, wait till this gets closer to ER in FEB. might be sitting at $30 already and expect new highs if media finally starts covering EBOLA again as it is out of control but they refuse to cover the stories. It will hit US again as our serviceman and women are there now burying bodies and assessing damages!
"Other high-priority items include nearly $5.5 billion to help contain the Ebola virus, including Defense Department efforts in West Africa."
That's BILLIONS in case some at CNBC fail to get the news right!
Pesident Barack Obama on Friday hailed a budget compromise that many of his fellow Democrats opposed, saying it is a product of both sides working together.
"This is by definition a compromise bill," Obama told reporters as he met senior aides to discuss the U.S. fight against the Ebola virus. He said it was the type of legislation that is produced from divided government.
Obama said the $1.01 trillion legislation contains funds necessary for the fight against Ebola.
"We've got to stay on this," he said of the Ebola outbreak in West Africa. "This is not a fight that is going to go away any time soon."
Senate likely to pass
The very first issue in the article which carries the most weight for the entire spending portion!
"Monthly production capacity for sealed seam ChemMAX and MicroMAX protective suit lines has increased by nearly 50% from August 2014, prior to Ebola-related product demand, to October 2014, and is on track for a 100% increase from that level by January 2015, with the ability for additional increases as needed," management said.
It will be exposed and the orders will be recorded and LAKE will increase by 40% of today's share price value!
Shares Short (as of Nov 14, 2014)3: 1.49M
Short Ratio (as of Nov 14, 2014)3: 0.40
Short % of Float (as of Nov 14, 2014)3: 29.40%
Shares Short (prior month)3: 1.52M
It sets up any beat from LAKE for a squeeze with only 4.5M shares outstanding hence the volatility to the upside whenever good news surfaces! Bet in now and thank me later!
The legislation would finance the day-to-day operations of every Cabinet department, provide more than $5 billion of Obama's $6.2 billion request to combat Ebola at home and abroad.
That figure doesn't say millions but billions. Sure the media has been forced to quit covering Ebola but it's spreading as fast or faster than AIDS! It's just a matter of time. The increase in PPE will be mentioned in this weeks CC and should begin an increase in revenues not seen by LAKE ........EVER!
It was only in October of 2014 when Lakeland was inundated with new orders for PPE to fight against Ebola. They wont be able to keep up with current levels on hand and are forced to work around the clock to assemble suits in China for demand. Those #s will be announced at CC.
The share price of Allied Nevada Gold Corp. NYSEMKT:ANV jumped +16.11% today, bouncing back after plummeting yesterday. The gold and silver producer, a holding of both George Soros and John Paulson, has rallied +42.92% within the past five days.
Go ahead and sell they're not going anywhere nor should the smart investor.
for 50,000 shares at $1.50 because they knew they couldn't get that size order in without disruption or simply read the news carefully and jumped back in. They didn't mind the $0.13 gap to get in. All these large buy blocks followed by several 100 share blocks are a tell of what's coming and this is not selling off.