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PennyWorld

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PennyWorld

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Re: BottomBounce post# 2340

Wednesday, 11/16/2016 8:04:28 PM

Wednesday, November 16, 2016 8:04:28 PM

Post# of 3876
This price pressure is all about the delay in KNDI receiving subsidy payments while the China government investigates KNDI (and other EV companies) for fraud.

I think you sold off too early out of a bit of panic. I'm betting that the China Gov will announce that subsidy payments will resume during the 1st quarter 2017 and we'll see 7+ bucks again.
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  • 1M
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  • 6M
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  • 5Y
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