Whew! Looks like it is double topped... it can gap down at open tomorrow just like last time March 19 this year. If this thing sells off this afternoon its going to break the chart.
Gawddd... when will the drop stop? When will you stop shorting and cover? Is 17 for sure, or a guess?
first leg of run to TEN a share. EV battery maker in China. SONY oem battery supplier lithium ion. Same play as KNDI. State subsidized for EV batts, solar panel batts.
Sentiment: Strong Buy
dipping toes in water here and there. I'm out.
no research available... from spain. Just stay the hell away. And stop advertising on HPJ stock site idiots.
The target price for shorts was 22.00. That's double from the base of 11.00 near term. Profit taking and shorting today.
applause to the two new board members. Well done. PWC shown the door. We will never know what was going on there... but the audit chair for the company and the old auditors being gone... now we can get some answers that count. Two new board members obviously had a lot of input into the new auditing company. Now we are getting somewhere.
the big funds figure they are not going to get lows like they had premarket easily often, so they took the profits and covered. Their covering is pressuring up movement. Apparently big money knows PWC firing and out the door is a good thing, if only because it was a move.
Highpower is in full bore expansion. It costs money to build factories. It's like Tesla expansion. Three great contracts this past year have maxxed out Highpower's tiny production. A year ago this was a 13 million dollar company. Now they are supplying all the chinese electric mass transit busses with batteries and Sony last quarter on board for oem batteries and now China giving them money for solar power energy storage. Too much for one tiny company to handle. SO... expansion. Check the past news. I am ignoring the earnings for now... they were profitable before the new expansion... a nickel a share... .05. Load up. In a year you will thank me. This is in a very similar situation to Kandi, which is EV low cost city commuter mnftr in China, and currently exploding in value. Kandi going from 20,000 a year to 500,000 / year cars... JV with Volvo of China. Geely... Gheely... whatever.
quoth the raven / SA is always negative. If he is not short a stock he writes about, he should be. I don't think they are working to manipulate. I think he... QTR... is manipulating. Doing a very negative spin on a simple change of business auditors. Just like when the audit chair resigned. Was it leukemia and her health, or was it a bad job of auditing? There are many reasons... half of them positive... they would have fired the auditors. They were taking too much time / running up too high a tab / had personality conflicts / were paid off by USA companies who are enemies to Chinese phone security software companies / etc etc etc.
Price is what you pay. Value is what you get.
Risk comes from not knowing what you're doing.
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
was that just a random rant or do you have a point as it applies to NQ? This is not shorting this morning that caused the drop... it is panicky investors bailing out on what is probably going to be a bottom. Fast drops as a rule are buy opps... just as fast spikes up are usually sell opps. That is, unless you feel this company is done, illegitimate, and going bankrupt. Then by all means get out. Panic drops from bad / good headlines are never fun... but nervous ADHD investing never makes any money. Either you believe and hang, or you should not have been in in the first place.