Charts on Near Term Uotrends Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Charts on Near Term Uotrends

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Senior who wrote (1296)	10/16/2009 3:26:55 PM
From: Jibacoa	of 1404

Another China stock which is doing well this week, up for 4th day on a roll and opened with an UG today, is KNDI The stock is still up today 17.38% at present with volume of > 1,096,600 about 50x its ADV in spite of lower revenues in the last 2Qs and lower earnings in the last 4Qs.<g> bigcharts.marketwatch.com But KNDI has NLTD and +CF around $0.33 and the short interest had increased 20% in the last month, and it announces today that it received a letter from the US Department of The Treasury notifying it that its low speed electric vehicle, the "COCO" convertible, has met the requirements of the Qualified Plug-in Electric Vehicle Credit as a Qualified Plug-in Electric Vehicle.<g> The qualifying purchasers of COCO will receive a tax credit in the amount of $4,435. KNDI also announced that the KD08E has been determined by the Oklahoma Tax Commission to be a qualified electric vehicle for which purchasers can receive a tax credit amounting to 50% of the purchase cost.<g> The ACTAY is $4.59 and it seems that with some better results in the pending 2Qs the stock could get to test the $4.30 level. bigcharts.marketwatch.com Bernard

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next