He probably is short 1000 shares,
This market is as insane as it gets.
It does not matter KNDI has tens of subsidiaries, whether or not they have parts business or they got listed thru reverse merger or CEO promoted stock whatever.
What really matters and every long should focus on
1. Kandi is real company in China. China's EV market is exploding and so has Kandi's. Just look at YOY and QOQ growth. Yes the absolute numbers are small but they are going parabolic
2. China's pollution problem is grave and it is getting uglier by the day
3. Kandi is supported by Chinese Government with generous subsidies.
Short term numbers dont matter much. This is going to play out in the 2 years and looking back nobody will give 2 hoots about the issues uncovered in SA article.
Long or short it does not matter as long as they are of high quality and come from credible authors.
Another issue is conflict of interest. How would anyone write unbiased article if that person has financial interest?
About their Authors credentials, background or experience.
All they care is number of eyeballs viewing their site. They will let any mumbo jumbo joe write anything as long as it is sensational and attract eyeballs.
Approximately 1500 restaurants now worth 21.2 billion!
I know. I have been in this Since January with average price now around 18.
I am not as lucky as some of the longs here that got under in 10.
Sorry I should have said in the last 4-5 days, its been 5 steps forward, 4 back.
We have essentially not gone up much after that huge breakout on Monday