$KNDI NASDAQ listed, China Based Kandi Technologies (KNDI), China’s “first mover” in the Electric Vehicle (EV) space, is still trading 80% below its 2014 high of $22.49. With $TSLA Tesla's acquisition of Solar City, KNDI is now the only listed pure-play Electric Vehicle maker available for stock market purchase by US investors. As probably the hottest legitimate technology sector, particularly in China, a logical question by a new investor would be why is KNDI trading so poorly in the hottest Tech Market in history? The likely answer to that has much to do with a comment in my first line as KNDI being a “first-mover” of EVs in China. In this article while it is my intention to help clarify the likely cause of the lethargic trading, but more importantly spell out why KNDI has now crossed the chasm and is set up for a three year run to reach and continue beyond the 200,000 annual EV sales target in 2020 alluded to by Management in last quarters conference call. Very rare is the opening for an investor to have the opportunity to participate in the infancy of a trillion dollar market segment with a proven survivor company with a ten year track record. One thing for sure. As you will see later in this writing, three years from now KNDI will not be a $10-20 stock, nor will it be out of business. It will either still be struggling along at the $4-7 level, or it will be $50 to $100+. The Chairman of this Company is the founder and largest shareholder with around 15 million shares who has never taken a salary over $32,000 a year, never sold a share and bought some $2 million in open market stock over the past year.
Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.
AI
