Category Archives: Post
KNDI I like this one for long term portfolio. I dont have any position in it and I will use this chance to load on the dip since most of chinese stocks got hit today. Thanks to $NQ
Outstanding Shares 36.97M
Short Float 17.07%
on September Zhu pointed out that the party which, Electric Vehicle Co., Ltd., Zhejiang Kandi “micro-bus” completion of the project will bring a revolution in the public transportation system, will also benefit from renewable energy, eco-revolution angle of China to accelerate the process of the third industrial revolution make a useful exploration. Meanwhile, the grand vision of the project, advanced design, input intensity, and the project pre-prepared, quick action, worthy of full confidence and support.
KNDI lately got big attention in China they launched micro bus in China, anyone with valid ID or Driver license can rent it and they are building parking garage for EV. But we havent got anything in US, no news no nothing, So a lot of people still doesnt know anything about whats going on with KNDI, once the release a PR this will get a lot more attention and U know how chinese people are, once they got attracted to one thing everybody will follow for example Iphone. news broadcasters promoting use of kandi Evs as public transportation.
This is what Hu Xiaoming Said ”This is mainly a public service project, we have gone through years of research and estimates, reach a certain size, you can have profit.”
As early as the first half of this year, Geely and Condi signed the joint venture agreement, and the establishment of Zhejiang Kandi Electric Vehicle Co., Ltd.. Joint venture company with registered capital of 1 billion yuan, the Shanghai Maple Run and Condi car industry has a 50% interest, respectively. Geely chairman Li Shufu, the joint venture will serve as Chairman, President Hu Xiaoming by Condi car industry as chairman.
$GOGO made a strong move to the upside from low 10s to high 10s and now the stock is basing and waiting till the low 10s holders stop selling or taking a profit. As u can see there isnt a lot of people selling at these level, Huge Vol to the upside but no Vol on the way down, I believe volume already dried out, RSI staying near powerzone level. If a lot of people believe this still underpriced, GOGO could run for another 10 or 20 points from here before basing again. This stock dominate 82% of market shares which is Huge and there is no doubt GOGO is the leader in this industry. Its only a matter of time before GOGO start running up again.
I really like $GOGO and I am very bullish. $GOGO is making initial rally and who knows when is this going to pullback, it might be tomorrow or next week or next month but for sure I know I will keep buying this one pullback. Initial rally has to happen before HUGE rally like $TSLA $YELP $YY $Z $LNKD $NFLX it takes time and if u believe $GOGO has huge potential to the upside. DO NOT put ur stop loss order and buy Protective puts instead. Well yea u spend more money for PROTECTING UR ACCOUNT but it wont stop u out. u can let this one run well that how i play it.
And as u know lately IPOs Plays are REALLY HOT and $GOGO is one of the company with huge catalyst in less than a year! anything could happen. Yes $GOGO might drop back to single digit if it doesnt get approval from FAA or not. Dont try to predict anything in stocks market anything could happen. it could run to 100+ or drop to 1 so pick ur side