Why is KNDI's website outdated? It's like no one even works on it. The last financial filing was in 8/16/2010. Anyone else checked out their site?
Have not bought any shares yet. I just watched a video on KNDI's electric car. My question is does KNDI actually sell cars to consumers or are they just subsidized by the government to help reduce pollution operating as a rental car service?
Yea, I've been to Best Buy and spoke to one of the kids there in a blue shirt. He said that GoPro sales outpace all the rest because everyone wants one. He then proceeded to me how durable GoPros are and how one had been lost in a hog pen for 9 months. When it was found the battery was dead but the camera was intact along with the SD card.
As a matter of fact, when I was there a Swedish family was in the GoPro section. Their young daughter was trying on a chest harness. They said they LOVED their GoPros!. So, yea..there is competition but GoPro is outselling them in the action cam business.
Unfortunately, I'm stuck in the trade and had hoped to get out. With that said, I've done a little research on GoPro and have come up with one conclusion.
GoPro is the market leader in this action cam business. Contour Roam was a contender but got knocked out due to savvy marketing byGoPro which stole market share quickly. Contour is now a CLOSED company. GoPro ate their lunch. The first ad I saw for GoPro was Ocean Ramsey riding the dorsal fin of a great white shark titled on Youtube, "Blonde and The Great White Shark." It was spectacular. Did not even know it was an ad for Gopro at the time until the end when the GoPro camera and logo popped up...Genius!
The next contender is Sony Action Cam. Not really sure they're all that hot. Woodman designed the GoPro to be rugged and take a beating through all the extreme sports uses. Additionally, cops, fireighters and other professionals can easily wear a GoPro on a vest without it looking like some sort of protruding phallus. They are low profile.
The Hero4 is coming out in October and their marketing should kick into full gear now that the company is publicly traded. This company may be a one trick pony with accessories but it's a helluva a pony. This stock harkens back to the days of IOM or TASR. They were "one trick ponies" as well. The rise could be parabolic in the short term.
What I don't like is that Nick Woodman sold his shares at 22. He raked in about 117 million. With that said, I hope the longs make a little mula here. I'm just hoping to get out of the trade at a decent price which is at 45. Bummmmerrrrrr...Yes, I'm a bagholder.
Because shares traded does not represent the float. They're exchanging back and forth from buyers and sellers.. The sum is just total traded.
Doubtful. Don't think they're subscriber base can move a stock that much, although I'm sure plenty of people bought on their reccomendation. How do you do with them? I subscribed a few months back..
You have to admit he's done a great job in boosting the share price to prevent delisting. PLUG is a momo stock right now due to recent exposure on CNBC and complete commitment from Walmart which they did not have before. Although the company is burning cash, Mr Marsh is the CEO and has doing everything he can do to keep the company afloat by issuing more shares. By doing so, he prevents having to attain a loan which has interest rates attached to it and may have needed the cash to fund the new Walmart project. Present, PLUG has narrowed it's focus and vision. I've jumped in and out of this stock but end up buying less shares at a higher price. So for now, I'm in. The tide and story are changing in favor of PLUG. It's reflected by the stock price and recent public exposure and as the gentlemen had suggested in a latter post, you may be on the wrong side of history. It's 2014 and technology is changing. It's riskier to be short than long right now based on the story and volume being traded. Lastly, Mr Marsh said they are going to make money this quarter which is more than you can say for some of these new issue high flying internet/software IPO's.