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KXIN ever soared 33.5-Bagger from $6 (09/04/20) to $201 (on 10/19/20) back to September ~ October, 2020 --- see the first chart below!
Hopefully this Diamond-In-Rough will run the Same 33.5-Bagger again to hit $3.5544 in the coming days/weeks...
Note, this Hidden Gem has $0.9842 a share Huge Positive Book Value and its current 52-week-high is $5.52!
On May 17, KXIN ever soared to $0.6 in Premarket session with Tens Of Millions shares of Huge Slapping volumes!
On June 11, KXIN ever soared to $0.2732 in Premarket session with Tens Of Millions shares of Huge Slapping volumes!
Hopefully we see something this week...
KXIN did rapidly surge to $0.6 with Tens Of Millions shares of Huge Slapping volumes in the Premarket session on May 17! However it was already quickly Manipulated down to $0.133 on June 7 with Tiny trading volumes! Also KXIN did hit $0.2732 in the Premarket session on June 11!
So, this Hidden Gem is at Hyper Oversold status --- from this January's high $0.85 to 52-week-low!
This Diamond_In_Rough has Huge Positive Book Value (BV) --- $0.9842 a share which is 7.4 Times of Super-Ridiculous-Low price $0.133!
That means that KXIN is Super Undervalued now! Easy to surge over both May 17's Premarket-High $0.6 and Jan 31's Regular-Session-High $0.85, then to explode to the Upcoming Dollar Land!
KXIN is the Cheapest NASDAQ stock with the Highest BV/PPS Ratio up to 9.3!
Beware the Huge ILLEGAL Stock-Manipulation Efforts here! Who are those Illegal Naked-Shorting Daily Manipulators which have kept pushing KXIN down on both After-Hour session and Premarket-Hour session since KXIN declined from $0.85 on January 31? We all should report them to the SEC for investigation! So, don't sell your shares at Super Cheap price levels $0.1x ~ $0.3x to help those Shorters, folks here! Instead, hold for $0.4x ~ $0.6x at least based on $0.9842 Huge Positive BV!
Eat all of the chocolate... Lol
I flucked-up earlier, & replied to MYSELF --- rather than YOUR post!!! (What did Forest Gump say??)
KXIN: Is sure did, Dude!!
KXIN: Yep!! Lookin' good, all the way.
Today KXIN hit $0.2732 in the premarket hours! As soon as tomorrow it should test May 24's premarket-high $0.6 again since its Huge Positive Book Value is $0.9842 a share...
This Hidden Gem is Super Undervalued now! Easy to hit the Dollar Land...
The Diamond_In_Rough is also at Hyper Oversold status --- from Jan 31's high $0.85 to current Super-Ridiculous low price $0.1777! Easy to surge over Jan 31's high $0.85 due to its Huge Positive Book Value $0.9842!
I have a strong feel it will explode after hours today and get cool off tomorrow
Looking pretty solid today. Wonder if we'll see continuation this week... $KXIN
KXIN: And up 40% in the Pre-M, right now. (Used "luxury" cars in China.)
This Diamond_In_Rough has Huge Positive Book Value (BV) --- $0.9842 per share which is 7.4 Times of today's super ridiculous low price $0.133! Which means that this Hidden Gem is Super Undervalued now! Easy to surge over May 24's premarket-high $0.6 and Jan 31's high $0.85, then to explode to the Upcoming Dollar Land!
KXIN is also at Hyper Oversold status --- from Jan 31's high $0.85 to 52-week-low!
This is the Cheapest NASDAQ stock with the Highest BV/PPS Ratio 9.3!
Correction: KXIN has $0.9842 (not $0.92) a share Huge Positive Book Value which is 6.4 Times of its current ridiculous low price $0.1544 or over 64%-Higher than May 17's REAL high $0.6!
So, this Hidden Gem is Super Undervalued now! It is also at Hyper Oversold status!
KXIN will surge to test Jan 31's high $0.85 again in the coming days/weeks...
With $0.92 a share Huge Positive Book Value this Diamond_In_Rough is heading onto the Dollar Land now with the first target $0.85 (the high on 01/31/2024)...
The daily low $0.15 on 05/24/2024 has already formed a New Bottom support! Easy Quadruple Quick Rally back to 05/17/2024's pre-market high $0.6 again!
This Diamond_In_Rough is at Hyper Oversold status --- from May 17's Pre-market high $0.6 to last Friday's low $0.15! Easy to bounce up 300% back to $0.6 again based on its Huge Positive Book Value $0.92 alone...
KXIN is the Cheapest EV NASDAQ stock in US comparing to all the other US EV peers! We might see 52-week-high $6.66 again after On-Going Huge Reverse-Merger deal as soon as next year! Note, the company was just renamed last month.
KXIN is an innovative leading international EV manufacture! Expecting Huge revenue and Huge income for this year (2024)...
I'll buy as many shares as I could before it surges over May 17's high $0.6!
Wow, total 1,206,012 shares are shorted! Those ILLEGAL KXIN Daily Manipulators must be the Same KXIN Shorters! Very soon they will be forced to chase to cover their Big shorting positions on the upcoming Huge Rally to $0.85 which is still 7.61%-Lower than the Positive Huge Book Value $0.92!
So, the Pre-market-Hour session's high on 05/17/2024 $0.6 will be broken out very soon...
Hold up all your KXIN shares very tightly, all the investors here! I'm planning to sell my position at $0.85 ~ $0.61 or above for Huge profit.
Based on the Huge Positive Book Value alone, KXIN should soar back to the Dollar Land again! In fact, $6.66 is current 52-week-high!
LOL, KXIN has Huge Positive Book Value --- $0.92 per share v.s. it has been trading at super ridiculous low price $0.15 ~ $0.6 since 05/17/2024!
Note, the REAL high on 05/17/2024 was $0.6, not the FAKE $0.425!
In fact, there are super rare US public companies whose Book Value is nearly NINE Times of its super ridiculous low trading price! Can you find any one among your list? So, KXIN is Much-Much-Much-Better than 99% US NASDAQ-peer stocks!
So, this Hidden Gem is Super Undervalued now! On the coming huge rally it will test January 31's high $0.85 again...
Note, the most recent high $0.85 is still 7.61%-Lower than its Book Value $0.92!
In one sense you’ve answered your own question by including the word manipulation
This company is in China
Plenty of quality US companies one can invest in
I have shares in varying sizes in almost 100 US companies
When it comes to one day wonder events in junk that has no earnings and will likely never have earnings
Today’s hero is quite often tomorrow’s zero
Just a week ago, KXIN did rapidly surge to $0.6 with Huge slapping volumes in the Pre-market session on May 17, 2024! Why it quickly crashed down 75% to $0.15 with Tiny trading volumes last Friday (i.e. May 24, 2024)?
It seems that a huge ILLEGAL stock-manipulation effort here! Who are those Illegal daily manipulators which have kept pushing KXIN down in both After-Hour and Premarket-Hour sessions since it crashed down from $0.85 on January 31, 2024? Why?
KXIN...................................https://stockcharts.com/h-sc/ui?s=KXIN&p=W&b=5&g=0&id=p86431144783
KXIN............................https://stockcharts.com/h-sc/ui?s=KXIN&p=W&b=5&g=0&id=p86431144783
Your point?
$KXIN Total Debt (mrq) $2.98M. Next price level $.05. They did a reverse split in Sept 2023.
As a result of the reverse stock split, each KXIN Ordinary Share will be converted into the right to receive approximately 0.066667 (New) Kaixin Auto Holdings Ordinary Shares. The reverse stock split will become effective before the market open on September 15, 2023. $KXIN did a reverse split
KXIN............................https://stockcharts.com/h-sc/ui?s=KXIN&p=W&b=5&g=0&id=p86431144783
KXIN..............................https://stockcharts.com/h-sc/ui?s=KXIN&p=W&b=5&g=0&id=p86431144783
In the closing of the Acquisition on August 22, 2023 (the “Closing”), Kaixin issued a total of 100 million ordinary shares of Kaixin to the shareholders of Morning Star and acquired 100% of the equity interest of Morning Star. As of the date of Closing, there were 397,110,736 ordinary shares issued and outstanding of Kaixin upon the completion of the Acquisition.
China's Electric Car Safety - You're Being Sold a Lie!
KXIN.......................https://stockcharts.com/h-sc/ui?s=KXIN&p=W&b=5&g=0&id=p86431144783
Just had to add more this can get freaky
Looking at the PPS performace $0.30 is more likely
$KXIN Electric Vehicle Market Opportunity Could Be $53 Trillion By 2050 With Net Zero Carbon Neutrality: Report https://benzinga.com/news/22/06/27613940/electric-vehicle-market-opportunity-could-be-53-trillion-by-2050-with-net-zero-carbon-neutrality-new
China Electric Car Sales Forecast to Hit Record 6 Million
Industry body increases estimate from initial 5.5 million
New-energy vehicle sales set to double from last year https://www.bloomberg.com/news/articles/2022-08-09/china-s-july-car-sales-rise-20-on-demand-for-electric-vehicles#xj4y7vzkg $KXIN
Breaking: Chinese leaders are considering steps toward exiting their zero-Covid policy but have set no timeline, according to people familiar with the discussions
China Traders Look Beyond Covid-Zero Pledge to Snap Up Stocks
https://www.bloomberg.com/news/articles/2022-11-07/chinese-stocks-trade-volatile-at-open-as-covid-zero-reaffirmed#xj4y7vzkg $KXIN
Shares of Chinese companies are trading higher amid hopes of China easing its 'zero-COVID' measures despite the National Health Commission recently reiterating its policy. $KXIN
$KXIN China stocks rise on rumors of easing COVID restrictions
https://finance.yahoo.com/video/china-stocks-rise-rumors-easing-140608695.html
$KXIN Kaixin Auto Holdings Acquisition SPA with Morning Star
Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) 4 days ago announced the signing of a share purchase agreement with the shareholders of Morning Star Auto Inc. (“Morning Star”), according to which Kaixin will acquire 100% equity of Morning Star by issuing 100 million shares of Kaixin ordinary shares.
Morning Star owns 100% equity of Wuxi Morning Star Technology Co., Ltd. and Henan Yujie Times Automobile Co., Ltd. At completion of the acquisition, Kaixin will own all assets and business operations related to the POCCO brand of electric vehicles (POCCO EV), which constitutes big progress toward Kaixin's successful transformation into a new energy vehicle manufacturing company.
Mr. Mingjun Lin, chairman and CEO of the Kaixin, said: "The electric vehicles business is experiencing strong growth in China. Kaixin is committed to achieving accelerated transition into the EV industry through mergers & acquisitions and intensive investment to quickly gain the desired market share."
About Kaixin Auto Holdings
Kaixin Auto Holdings is one of the primary dealership networks in the premium used car segment and new car sales in China. Supported by the rapid growth of China's used car market and leveraging its own hybrid business model that offers both strong online and offline presence, Kaixin is in the process of transforming from a nationwide dealerships network to one of the important players in China's electric vehicle market.
https://www.globenewswire.com/news-release/2022/11/04/2548631/0/en/Kaixin-Auto-Holdings-Announces-Acquisition-SPA-with-Morning-Star.html
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