$Kandi Technolgies (KNDI.US)$ that's right people so you fin...
$Kandi Technolgies (KNDI.US)$ that's right people so you finally clicked on the company and you're seeing how much chatter exists here. the answer is nothing this validates my point that it is so far off the radar path everybody has forgotten about it. investing is about risk reward it's about hedging limiting losses maximizing upside return. when you have a company that's trading at less than two times revenue. with 28% year over year revenue growth a company that the management has authorized the stock buyback in the open market because they recognize how undervalued it is. a company that's been over $20 a share in the past a company that's been publicly traded for over a decade. one that's executing a business plan they've just completed their Us full distribution Network in 2023 4th quarter. the PGA professional golf association is going to be using their electric vehicles on tour this calendar year. and again less than two times revenue it trades at. you cannot find another company with this amount of upside and hardly any downside and the entire market ecosystem.
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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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愿赌服输 : You are a good promoter. Wait for big money in first.
10baggerbamm OP : you have to position yourself ahead of the crowd. I was in SoundHound a year ago when a million and a half to 2 million shares a day was a huge day of volume I bought a 100,000 warrants at .16 cents and 50,000 shares of common a $2.04. I sold the warrants at 3.50. I sold 45,000 shares of common at $7.34. early on I told people about this company I told everybody about the Nvidia deal because that's been out for years it's in the SEC filings and everybody ignored me nobody paid attention and then finally the stock got jump started then the volume came in.. and that's what's going to happen to KNDI. the difference here the float is nothing compared to SoundHound additionally SoundHound went from 120 million shares in the float to 272 million in one year the company keeps diluting shareholders and with the 144 that's now free trading available there's another 50 million shares that can hit the street and there's a shelf offering that's already been approved in Q4 last year for up to 500 million so you're talking potentially 400 plus million shares in the float of SoundHound. KNDI momentum in the 4th quarter last year they offerized a 30 million stock buy back in the open market if you look at the trades going off you can see where there's a market maker buying and then they crossed it in between the spread and print it that's the company buying the stock. so the true volume today is not 77,000 the true volume is probably only about 35000 shares.
10baggerbamm OP : when this company has 300,000 shares of real buying coming in it will be $5 and then everybody's going to see it they're going to realize that the revenue to market cap is less than two to one it does not exist any place in the entire stock market it doesn't exist with any publicly traded company. this is been over $22 and it was nowhere near as financially sound as diversified from a product standpoint and it had zero North American sales now they just started North American operations their entire network is built out and established fourth quarter last year it's in place.. so you buy and you be patient because it's going to get jump started and it's going to go parabolic.