Replies to post #2432 on Kandi Technolgies Corp (KNDI)

[PennyWorld]

Profit taking. Let's face it, there was no new PR issued related to sales or earnings that can account for the recent run up. Without that catalyst I see the pps drifting south again until the next earnings report. There was the news that China is planning on eventually banning all gasoline type vehicles, but there was no clear time table and nothing specific about KNDI per se.

[PennyWorld]

There was no PR to provide the catalyst for this price move. It's all speculation. So I suspect we'll see capitulation and retracement.