$Kandi Technolgies (KNDI.US)$ if you want to bake a cake you...
$Kandi Technolgies (KNDI.US)$ if you want to bake a cake you need a recipe of certain ingredients if you want to build a house you need the list of supplies to construct it.
if you want to short squeeze a stock!
there's a recipe
everyday if you look at pre-market you see nothing companies most you've never heard of going up 150 200% and then when the market's opens they push even higher and they follow through for a couple of more days. and you sit in your scratch your head and you go man I'd love to be in one of these companies early it would be so nice to be ahead of the curve where I'm not chasing hoping that the stock trades higher after I buy it because I don't want to be the bag holder.
this company has decent fundamentals
they're profitable
they have a shitload of cash in the bank $220 million
the entire market capitalization of the company is $167 million. they have more cash in the bank by a factor of 150% more than the entire value of the company as a trades. just think about that for a moment if you could buy all of the stock right now shut the company down take the cash you made 150% on your money.
what is the operation of the business worth all the tooling all the equipment all the manufacturing, inventory, they haven't exclusive three-year contract with Lowe's. Lowe's cannot sell any other brand cannot sell Polaris cannot sell Yamaha cannot sell Honda can I sell Suzuki Kawasaki any other company that makes an off-road vehicle they cannot sell.
they have decent revenue growth it's accelerating in North America which is where they are focusing on growth and their growth curve with their product line has just really started since last December when the North American distribution Network was set up.
so you compare this company to a lot of the shit that runs hundreds of percent every morning most of those companies are losing money most of those companies are coming off of a reverse split and the stock has crashed and they're getting a big that creates a short squeeze. most of those companies really have little to no fundamentals most don't have cash in the bank.
KNDI has had 2 HUGE big runs and it's lifetime of trading.
the largest was going from $.15 cents to $7.25
next $1.70 to 22.49
another $2.17 to $17.45
the amazing thing if you compare the company fundamentally today to any time in the past it is far more financially sound today they have a real product line that is in demand today they have distribution within the United States that is expanding quarter to quarter year over year today, they have more money in the bank than they've ever had in the history of the company cash money today compared to any other time.
and the biggest is there's over 33 days to cover the short interest on the stock today. in the past it was 2 weeks to cover short interest on average that created the runs!
the reason why the stock is flatlining is because the market makers no that the volume that comes into the company is very low it's pretty much within about a 10% share amount on any given day and they are capable at shorting the stock on the ask and just waiting for somebody to sell stock to cover and sometimes they don't cover they just keep shorting the stock and these are not the naked shorts where you have 100 200 times the float of a company that has been shorted which happens in some larger companies that are publicly traded on the New York and NASDAQ.
these are real short positions that with any volume that is consistent volume the market makers are forced to cover.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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10baggerbamm OP : pt 2
so if you pull a chart (and I encourage you to verify everything I am saying)
look at the anemic volume and multiply it times the price of the stock. look at the total cash of buys and sells through the course of a day you're talking 40,000 shares of a $2 stock that's $80,000 that's it. what would it take to get $2 million worth of purchases in one day a million shares what would it take to get 10 million worth of purchases in one day $20 million. that's peanuts look at the volume that gets pushed into all of these little stocks every single morning that go parabolic with no fundamentals 10 million shares 30 million shares 50 million shares 100 million shares.
10baggerbamm OP : pt 3
KNDI started to advertise on CNBC they've never advertised any place ever so Wednesday the day before the earnings this past week they started running very short 10-second commercials.. if you scroll down to the other comments you'll see I posted one of the commercials.
if you turn on CNBC and watch it through the course of a day you will see similar commercials for other companies in a variety of industries they can be mining companies they can be software companies they're all micro cap small cap companies running very short 10-15 second commercials and if you pull up a chart on these companies. I did they all share one similar trait a month after they start advertising the stocks are up 200 to 300%. most don't last they go up they come down. it's kind of as if they're getting jump started think of a dead car it can run but you need to get a tow truck to hook up the jumper cables to bring it back to life so they shock it boom and the car starts up. that's what these types of commercials are to these companies they're forgotten companies their companies that nobody knows about their companies that have very little volume. it's a way to increase their customer shareholder Base number one the stock price number two the name recognition of the company. there's millions of people that watch CNBC there's millions of eyeballs that saw KNDI. ALL IT TAKES IS SOME VOLUME GOING INTO THIS STOCK AND IT WILL GET SQUEEZED!
IT HAS DONE IT BEFORE, IT WILL DO IT AGAIN!
10baggerbamm OP : pt 4
it did it before with the company that was a far cry financially of what it is today it did it before with a company that didn't have a product line that was being accepted like it does today.
short squeezes happen over several days if you pull up any of these stocks that have gone parabolic you'll see most will flatline or gradually trade down for 6 months a year 2 years and then out of nowhere volume starts coming in and you get a 5% increase in stock price then a 10%, then a 20% then a 40% then an 80% then parabolic! MOONSHOT!
THE RECIPE FOR KNDI IS IN PLACE.
it has more short interest than it has ever had before it's over one month right now to cover.
if the volume can come into this company 200,000 shares and then 400,000 shares 800,000 shares it will start setting alerts off on every software program that shows biggest percent increase in volume. and out of nowhere people start clicking to see what's going on with this company I've done it and I'm sure if you're reading this you've done it also.
with volume comes price movement and it will set off alerts for biggest percent increase in price, and people start looking... why is it going up?
10baggerbamm OP : pt 5
the stock has all of the makings of a solid investment fundamentally
technically it is ripe for a massive short squeeze!
there's over a million and a half people on MooMoo, if only 5% of the people on moo moo were to purchase $1,000 worth of stock.. it would trigger a chain reaction. if Wall Street bets on Reddit were to get a hold of this and see what I see... it's gone... it's off to the races. the stock is dirt cheap here the options which are trading at 10 cents for December and next year the $3 strike. if the stock squeezes to 17 to $20. do the math... 10 cents turns into 14 dollars and change when the stock is at 17.
10 cents turns into $17 in change when the stock crosses 20
this is life-changing amounts of money that could be sitting right in front of your face here. this is not pie in the sky where you need to get everything aligned to have happen.
this has happened before several times. there's better fundamentals today and better technicals for a short squeeze than ever in the past.
10baggerbamm OP : pt 6
these are the options that I bought. I also was bidding for several hundred other contracts at different strike prices I did not get filled on because I was sitting at the bid and a penny above the bid. and I will be back again Monday bidding for multiple strike prices I'm going to purchase over a thousand contracts.
there's no guarantees in the stock market, you can only use the head on your shoulders to make decisions that you feel are in your best interest. logic plays a big role in decision making. if a chain of events in the past have led to similar outcomes at a later date than the cycle can repeat itself yet again.
this stock has squeezed before, logic says it can do it again and everything that was in place before it's better now than in the past from a fundamental and from a technical standpoint. what is missing is one ingredient!
VOLUME!!!
IT NEEDS TO GET SEEN AND THE ONLY WAY TO DO THAT IS WITH VOLUME IN THE STOCK.. AT THAT POINT IT WILL BE A LITTLE PIECE OF SNOW AT THE TOP OF A MOUNTAIN THAT STARTS TO TUMBLE. AND IT WILL CREATE A SMALL SNOWBALL WHICH TURNS INTO A LARGER ONE WHICH CREATES AN AVALANCHE!
I believe the recipe is in place here not only from a fundamental investment but for a technical squeeze.. you need to decide if this is right for you..
smoothshoe : Why are these shares not ADRs? Is it Chinese owned?
10baggerbamm OP smoothshoe : it trades as a VIE, just like Alibaba JD and Pinduoduo (temu) and many others..
"Based on the available information, there is no evidence that the Chinese government directly owns Kandi Technologies (KNDI)."
smoothshoe 10baggerbamm OP : my $Alibaba (BABA.US)$ shares are listed as ADRs in my Robinhood portfolio
10baggerbamm OP : VIE Structure
BABA utilizes a VIE structure, which is common for Chinese tech companies listed overseas. This means:
Foreign investors don't directly own shares of the actual Chinese operating company
Instead, they own shares in an offshore holding company (usually in the Cayman Islands) that has contractual rights to the Chinese company's profits
ADR Status
BABA shares traded on the New York Stock Exchange are technically ADRs:
They represent ownership in the Cayman Islands-based holding company
Citibank acts as the depositary bank for the ADRs
10baggerbamm OP 10baggerbamm OP : I think kndi is going to be changing its structure to an ADR
Kandi Technologies Group, Inc. (NASDAQ: KNDI) has completed a redomicile merger to change its corporate base to the British Virgin Islands. This reincorporation was finalized on April 16, 2024.