$SoundHound AI (SOUN.US)$ there's something going on here. i...

10baggerbamm : it's pure momentum.. it has nothing to do with anything at this point it's just pure momentum. they can only do so many installations at one time that's their biggest issue White Castle they have the whole Nationwide contract they started second half of last year installing at the drive-thru it will take them through the end of this year best case scenario they will have 100 done that's it. so this has nothing to do with anything internally it's just the bigger full theory enjoy the ride.

Tyler0710 : Incorporate by nvda

71617951 OP : that's what I'm thinking to I got out around six after I trippled my money, and I was going to get back in when it calmed down, but god

Daniel Jeya Raman : So, can we trust this stock?

10baggerbamm : anybody who bought SoundHound last year in March we all knew about the Nvidia investment and nobody cared I posted all over Yahoo and I got laughed at. just like people are laughing at me right now buying KNDI. and watch what this company does watch what's going to happen to this company it's trading at less than two times revenues. so I just sit on the bed and I'm accumulating stock and when this stock goes parabolic everyone's jaw will be dropped. and that's because the amount of investment that it's going to take to get this company jump started and moving is about 300,000 shares of true buying a day. and I say true buying because about 50% of the volume that you see or cross trades from the market makers buying stock and crossing it to the company who's buying back 30 million worth of stock so it's taking stock out of the float. so if you're smart you'll take some of your profits from SoundHound and buy KNDI.

Tyler0710 10baggerbamm : KNDI downtrend.

10baggerbamm Tyler0710 : I bought SoundHound last year when it was $2 dead money in a downward trend because nobody was interested in it. today kndi  traded over 70,000 shares half of that volume was the company buying the stock back so stock hits the bid the market maker prints in between that's the company so the reality is the volume is nothing on this company. you have to understand when a company buys back stock their price profit margins go up because there's less stock in the float.. there's 70 million shares in the float when the company's done buying back 30 million it's going to take it down to about 50 million shares in the float. from a revenue standpoint their revenues are 130 million SoundHound won't do 105 million this entire year that's according to the CEO during the conference call that's their best case scenario.

101676958 10baggerbamm : Can you just add some comma (,) or period (.) in your writing? Just for the sake of people reading your always supper long messages LOL

10baggerbamm 10baggerbamm : this company has 200 million in the bank they don't have $130 million in loans at 12 and a half percent interest like SoundHound that debt service on that loan cost them $4 million a quarter. kndi they have just completed their United States distribution setup so this year their revenues from the United States which were basically nothing in prior years are going to accelerate 20 to 25% of the total revenue of the company.. all of this is great and the fact that it's dirt cheap is why everyone will buy it when they see that 130 million in revenue with a market cap of $211 million is a ratio of less than two to one. SoundHound is trading 40 times revenue. the fact is you cannot find a company like KNDI that is publicly traded in the entire United States that has a lower valuation for a technology company. technology companies typically trade at 10 to 15 times revenue if this company gets to parody 10 times the stock goes up 5X but we are in different times now because once momentum takes over stocks go vertical.. it's been over $22 with what a fraction of the current revenues and a fraction of the money in the bank that they have now with no Us distribution in place. I would just say we talked to investors a lot about what so you can wait and watch or you can a lot some of your hard-earned money to a company that is financially sound that is significantly more undervalued than any other tech company and nobody knows about it yet but things are going to change very very quickly in the near future.