Clinically speaking you're actually manic. The difference between happy and manic, which you will (might?) realize later, is impaired judgment.
Has Porcari said anything about having to file a 13-D form now that he has purchased more than 5% of the company on the open market?
Giving you the benefit of doubt on the 2 years of trading, even if you had started with $30 million instead of $30K (another big doubt), you still wouldn't have $5 million today.
Here's how it goes....
Admin - Ni hao, Kandi Technologies, how may I help you?
Elon - hello, this Elon, can you give me the address of Nanjing Shangtong Auto Technologies?
Admin - please hold...silence....dial tone........
Typhoon Kujira hit Wanning last month so the foundations were probably washed away.
Whatever the price, there never seems to be a shortage of people who bought at the low and/or sold at the high. Of course, this is always long after the fact....
If you think you can get out at 9 you should be a "patient".
The JV just received $44M from the Chinese government and will use $5M to purchase the parent company. This offer represents a significant premium over the true value of the company.
Of course Morgan Stanley will love Kandi. Merrill Lynch loved Kandi at the New York Auto Summit. Investors loved Kandi at the Daiwa Investment Confrence in New York. Investor went wild over Kandi at Fubon Investment Forum in Taiwan. I'm just shocked that there are still shares available for sale at any price.
He could place some money on Kandi's stock price falling, but that's more of a foregone conclusion than a bet.
Are you losing it? Here is what you said:
"I see nothing here that insures a delisting and a return to over the counter bulliten (sic) board."
Nobody bought this as an investment in science or technology. It's a scam and always has been. Buyers at $4 and $5 bought into a dream and the pump and dump potentially gave them huge returns. Those who didn't sell in the teens and twenties are probably still holding and will eventually lose their entire "investment".
There is nothing in a chart to say that a stock will or will not be delisted. That is in the filings and when they are proven as false the process will begin.....
Even if Hu decided to go private with a 20% discount instead of a premium, where would he find the $350 million?
Kandi's only source of revenue is the sale of shares, so they will continue as a public company until the SEC shuts them down.
I'm with the bulldozer on this one, although I suspect that a NT10-Q filing is more likely than a 10-Q. I don't see where the cash necessary to keep this enterprise afloat will come from, and surely there is still a lot of correspondence with the SEC on the latest 10-K that has yet to be posted.
Of course you can look it up, and you will find that they made no such recommendation. Only Petrus Pumper keeps finding non-existent buy recommendations. The only person who would issue a BUY recommendation on Kandi is someone with a lot of shares to SELL.
Anyone can go to the party, but nobody is going to ask Kandi to dance.
$8 will look like good money in a few months.