get long and make big money
just the beginning, headed back to 20's
will be another tremendous cash flow positive result
12's coming soon
take it to the bank, if he has to buy all the shares himself He will.
this fund plans on buying a tone of shares to ensure they are in the money so 11 by Friday minimum
and now that IPO rules are changing in China why would any Chineese company stay listed as an ADR FIR 1/10th of the valuation. Hu now owns mega options at 9.72 and a large % of the float. Looking for an JV IPO or private offer. Unless KNDI starts getting a proper Earnings multiple they will leave. Hu is too smart to get kicked around by wall cheat, he will list in China and profit handsomely from it. JMO. Being long this year appears to be the path to profitability.
This will be bought out within a couple years. People don't take this big of stake unless they have big plans.
Opinions from the boards short idiots, perfect. Fact is you will never know if HU lent his shares to be shorted. Increasing fundamentals and decreasing PPS make no sense. Shorts got these shares to barrow from someone. If the PPS continues to rise steady above 10 this week it will just support my speculation.
Not a conspiracy theorist but consider this...
I have long wondered where shorts are getting all these shares to short on this low float stock owned 50% by insiders.
The person who has gained the most from this decline is HU, receiving 500k shares of stock options exercisable at 9.72 just last Friday. HU owns almost half the company shares. Furthermore he has been soliciting with institutions and is able to provide them with inside information. HU could essential be providing a great entry point for institutions while also giving him a half million shares in options at a discount, knowing his company had explosive growth ahead. You don't have to disclose shorts positions to the SEC. If KNDI closes above 9.72 on the first trading day after HU's stock options I will consider this more than a coincidence. JMO