KNDI, what may have help cause yesterday's move
KNDI- Well it was just a matter of time before KNDI perked up. I guess my timing was pretty good with my comments yesterday morning. But, IMO, this is not the "storm" yet. Just the wind picking up a bit. But there were a couple of outside sources that may have contributed to the renewed excitement.
The article from China Knowledge can be big for KNDI. I have been hearing rumors for the last three or four months that one of the reasons that KNDI filed that Shelf Registration was to use the NASDAQ stock to possibly make an acquisition within China.
As one of the very few US listed China Auto Makers, KNDI should be in the "cat bird" seat in attracting excellent small companies with their NASDAQ stock. A China Auto Related Company (though not a car maker), CAAS also jumped more than 10% yesterday with it move credited to the above article.
With the Government rewarding companies with special treatment and tax credits to those who do it is just icing on the cake.
Another piece I just found that actually came out last Wednesday comes form a paid for subscription letter that is ranked #1 by Hulbert Financial Digest that ranks newsletters and that is Kevin Kennedy's Coolcat Report.
He said the following on KNDI:
Small cap speculations from Coolcat
Wednesday, February 17, 2010
by Kevin Kennedy, editor The Coolcat Report
Kevin Kennedy Coolcat ReportOur flagship newsletter, The Coolcat Explosive Small Cap Growth Stock Report is delivered by email and focuses on top-performing microcap and small cap stocks which have the characteristics found in past major stock market winners.
Below, we look at two stocks that meet our investment criteria -- stocks which we are adding to our speculative, small cap portfolios.
According to The Hulbert Financial Digest, Coolcat Report portfolios gained 383.2% from 1999-2010, or an average of 15.4% per year, to beat the econd-best newsletter over the past 11 years by more than 3% per year.
Kandi Technologies (NASDAQ: KNDI), which produces electric cars,
all-terrain vehicles, go-karts and other automotive products in China, broke out on good volume in October, but has fallen about 39% off its high of $6.75 established in January.
The stock has a float of less than 8 million shares and a market cap of about $82 million. The company has annual sales of almost $30 million and has crept into the black. I'll try for it on a slight pullback with a stop below the November lows.
http://www.thestockadvisors.com/Main-Section/small-cap-speculations-from-coolcat
.html
http://coolcatreport.com/
Recent KNDI News
- Kandi Launches Ultra-High Capacity AA Battery in the U.S. • GlobeNewswire Inc. • 06/20/2024 12:05:00 PM
- Kandi Technologies Group Unveils New Lineup of Electric Go-Karts in the US • GlobeNewswire Inc. • 06/12/2024 12:00:00 PM
- Kandi Debuts Enhanced 10K High-Clearance Electric UTV • GlobeNewswire Inc. • 06/04/2024 12:00:00 PM
- Kandi Shines at Thailand Golf Cart Expo, Expands in Southeast Asia • GlobeNewswire Inc. • 05/28/2024 12:00:00 PM
- Kandi 10K All-Electric UTV Model Achieves EU EEC Certification • GlobeNewswire Inc. • 05/21/2024 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/16/2024 11:15:24 AM
- Kandi Technologies Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/16/2024 11:00:00 AM
- Kandi Technologies to Report First Quarter 2024 Financial Results and Hold a Conference Call on May 16, 2024 • GlobeNewswire Inc. • 05/13/2024 08:05:00 PM
- Kandi Technologies Group, Inc. Completes Redomicile Merger • GlobeNewswire Inc. • 04/16/2024 01:00:00 PM
- Kandi Technologies Reports 2023 Financial Results • GlobeNewswire Inc. • 03/14/2024 08:05:19 PM
- Kandi Technologies to Report FY 2023 Financial Results on March 14, 2024 and Hold a Conference Call on March 15, 2024 • GlobeNewswire Inc. • 03/11/2024 12:00:00 PM
- Kandi to Showcase Innovations and Network at 2024 PGA Show • Business Wire • 01/18/2024 02:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/29/2023 09:05:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/27/2023 01:03:11 PM
- Kandi Technologies Announces Share Buyback of Up to $30 Million • GlobeNewswire Inc. • 11/27/2023 01:00:00 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 11/17/2023 09:05:06 PM
- Kandi’s First 500 Fully Electric Mini Golf Carts to Launch in US Market • GlobeNewswire Inc. • 11/15/2023 01:30:00 PM
- Kandi America Partners with Peavey Mart to Expand Kandi Products into Canada • GlobeNewswire Inc. • 11/13/2023 01:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 12:30:58 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 12:15:08 PM
- Kandi Technologies Reports Third Quarter 2023 Financial Results • GlobeNewswire Inc. • 11/08/2023 12:00:11 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 11/07/2023 09:10:16 PM
- Kandi America Partners with Rural King to Expand U.S. Footprint • Business Wire • 11/06/2023 02:15:00 PM
- Kandi Technologies to Report Third Quarter 2023 Financial Results and Hold a Conference Call on November 8, 2023 • GlobeNewswire Inc. • 11/02/2023 12:00:00 PM
- Kandi America Acquires New Distribution Center to Accommodate Planned Growth • Business Wire • 09/27/2023 01:15:00 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM