$Kandi Technolgies (KNDI.US)$ a 10 share buy moved it up 6 c...
$Kandi Technolgies (KNDI.US)$ a 10 share buy moved it up 6 cents pre-market.. maybe I'll throw a thousand share buy in and let's see what happens.. the stock might go crazy 🤣
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36 yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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Yikers : It really feels like that's all it'd take. If chinese companies were reputable it would never be able to slide under the radar t like this.
10baggerbamm OP Yikers : look at the crap that runs every single day I mean look at the garbage companies that do 101 reverse splits that fall 99% yet again companies that are running out of cash companies that are getting notices of delisting I can go down the list companies that Miss revenue Miss earnings are generating huge losses, where they get a CEO that quits or a CFO that quits an accounting or regularities or rumored,
and what is kndi have
50% more cash in the bank than the entire net worth of the company.
the company is buying back stock in the open market the company has an exclusive with Lowe's for 3 years Lowe's can't sell anything from any manufacturer that's Polaris Yamaha Honda Suzuki any manufacturer that makes any similar type of vehicles Lowe's cannot sell now I realize it's a hardware store and it's really not there primary Market but even still it's an exclusive. and you bet your ass Lowes did their due diligence on the product line to make sure you would have the ability to fulfill that it was reliable that the reviews were good that it representative value to their customers. they're in 30% of stores ballpark and will be in 100 %come the end of next year
the company considered doing a tender offering this is in the CEO's words on two conference calls ago a tender offer a 3.50 is share to take the company private.
they just started running commercials it was the day before earnings on CNBC they now have three commercials right as I'm saying this they have a commercial where they're talking about their NFL series vehicles exclusively at Lowe's I'm going to videotape and I'm going to post it as soon as I'm done with this
10baggerbamm OP : the stock's been $18 over $20 in the past when they were in nothing company compared to where they are today the volume right now is it's non-existent I mean you're talking 40,000 shares 80,000 shares that's $160,000 at a $2 price point that's spit that's nothing you put $2 million dollars with a net buys in a day and the market makers that are shorting the stock cuz it's 30 days to cover they're going to have to buy it in the open market and the stock will run.