Kandi: An electric car vending machine from China Message Board

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Non-Tech : Kandi: An electric car vending machine from China

KNDI 0.858

+3.8%

Dec 24 12:59 PM EST

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From: Sam

11/10/2014 9:57:00 AM

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Kandi reports. It briefly jumped over 18 before quickly sliding back this morning. There is a whole whole lot of skepticism on this company, with some pretty loud charges that it is run and being pumped by crooks. Personally, I don't know what the truth of the matter is.

Kandi Technologies Gains 4% as Q3 Income, Revenue Surges
MIDNIGHT TRADER 9:52 AM ET 11/10/2014

Symbol Last Price Change

KNDI	17.55	+0.45 (+2.63%)
QUOTES AS OF 09:52:30 AM ET 11/10/2014

09:52 AM EST, 11/10/2014 (MT Newswires) -- Kandi Technologies Group(KNDI) shares were higher over 2% in recent trade after reporting both sales and income jumped in Q3.

KNDI is trading in the upper half of the 52-week range between $6.15 and $22.49.

The maker of electric vehicles, all-terrain vehicles and co-karts said its non-GAAP income jumped to $5.37 million or $0.12 per diluted share from $0.87 million a year ago. The company didn't provide a year-earlier per share figure.

Revenue more than doubled to $44.21 million from $17.15 million.

"Looking forward to the fourth quarter, we are confident that our business model is beginning to gain traction in both top-line and bottom-line growth," CEO Hu Xiaoming said in a statement.

Price: 17.47, Change: +0.37, Percent Change: +2.16

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