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Mukticat

Mukticat
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  • The Case For Valuing Kandi [View article]
    Yes and all written by a cadre of KNDI perma-bulls with a vested interest in only painting a positive picture.
    Aug 13 09:53 AM | 1 Like Like |Link to Comment
  • The Case For Valuing Kandi [View article]
    And you're a veritable cornucopia of cliches.
    Aug 12 04:12 PM | 1 Like Like |Link to Comment
  • The Case For Valuing Kandi [View article]
    Gerald, most SA contributors don't get into extended tit-for-tats with commenters, much less resort to so much sarcasm. I'll allow you're different.

    As far as 'put up or shut up' what would you like me to do - send you a broker statement outlining my position?? Do I have to prove something in order to post here?

    Back on topic now for a second, KNDI has had a lot of time to put up or shut up. After much prediction that '2012's the year!', we then had, '2013's the year!', followed by, '2014's the year!' Detect a pattern? And still no revenues or earnings to speak of.

    KNDI also happens to be in the business of selling EV's, not just leasing them, and even with all the gov incentives their sales remain pitiful. Maybe this just isn't the best EV out there. Whaddya think?
    Aug 12 03:40 PM | 1 Like Like |Link to Comment
  • The Case For Valuing Kandi [View article]
    And these visitors, such as Porcari, yourself and other KNDI perm-bulls, will as usual meet with management, tour the facilities, and report that everything is going absolutely gangbuster.

    I'd be a rich man if I could get someone to take the other side of that bet!
    Aug 12 01:46 PM | 1 Like Like |Link to Comment
  • The Case For Valuing Kandi [View article]
    I am aware that many now defunct Chinese companies published and filed earnings reports with the SEC too. If this bit of information is supposed to give confidence that there's no manipulation or shenanigans going on with KNDI you're wrong. I do not put my faith in the Chinese (nor many Americans) and particularly now with a $300M shelf offering on the Ask when they have every incentive to oversell their prospects.

    Your language cast aspersions of hyperbole and fear that anyone would challenge the bona fides of this company.
    Aug 12 12:48 PM | 3 Likes Like |Link to Comment
  • The Case For Valuing Kandi [View article]
    Why the obsession with comparing KNDI to TSLA? What have they got in common other than a sheet metal enclosure on wheels powered by batteries? A more apt comparison would be between KNDI and any of the slew of also-run competitors to TSLA.

    There's nothing special to KNDI's technology, certainly nothing that a hundred other sharp Chinese competitors couldn't do . . . if they saw a real market instead of just a PR machine for selling new equity.
    Aug 12 11:38 AM | 2 Likes Like |Link to Comment
  • The Case For Valuing Kandi [View article]
    You want us to value KNDI based on their revenues? That's an awfully convenient argument for a long to make considering that the only people KNDI currently sells to are . . . themselves!


    'Kandi Changxing and Kandi Shanghai are wholly-owned subsidiaries of the JV Company. The Company indirectly has a 50% economic interest in each of Kandi Changxing and Kandi Shanghai through its 50% ownership interest in the JV Company. For the six months ended June 30, 2014, the Company sold $29,573,430 and $10,786,012 of battery packs, body parts, motors, air conditioning units, and other auto parts to Kandi Changxing and Kandi Shanghai, respectively.'


    Transferring inventory would be a better description since 'revenues' is generally understood to mean money coming from *outside* a company.

    Meanwhile the stock continues its post-earnings swoon. Most likely it's that just-approved $300M shelf offering in full swing minting new shares.
    Aug 12 10:58 AM | 3 Likes Like |Link to Comment
  • Kandi Technologies - Focus On Growth [View article]
    People were pretty excited about UNXL too. Hit a high of 42, even an SPO at $32. Now 7.

    Just because a lot of momos think KNDI's gonna be the bomb don't necessarily make it so.
    Aug 9 05:05 PM | Likes Like |Link to Comment
  • Kandi Technologies - Focus On Growth [View article]
    Well there's always that way of funding by, uh, making money?

    Anyway what you're describing is an SPO- a secondary public offering with underwriter(s) and a placement with new, possibly institutional, investors. What KNDI has done is get a 'Shelf Offering' approved which will allow them to sell shares directly into the market whenever they feel like it. That's not the market confirmation you want.

    It's just a new seller you don't want.
    Aug 9 02:49 PM | Likes Like |Link to Comment
  • Organovo Preparing For Product Launch With Necessary Prerequisite Steps [View article]
    ONVO's 10-Q was just released and as you know I've been pooh-poohing their much ballyhooed 'collaborations' as nothing more than BS window-dressing. They never release any revenue numbers or contract details. It's all in the headlines which is the kinda thing you'd do too if you were trying to trick investors into maintaining a $650M market cap on this bloated POS.

    Well the ONVO 1st quarter 10-Q just came out - on a Friday afternoon of course (before the weekend to have time to forget) - and OMG!!! . . . I was totally wrong!!!!!!

    I can't believe it but they actually hit the ball right out of the park!!!!!!

    It turns out that this quarter they actually did have 'a' revenue and recorded SIXTY-NINE THOUSAND DOLLARS from 'COLLABORATIONS' !!!!!!!!!!!!!!

    $69,000 !!!!

    I know it's hard to believe but that's 69 plus three zeroes!! There are dry-cleaning shops that don't have that kind of revenue !!!


    http://1.usa.gov/1kPruWV


    No wonder ONVO is worth $650,000,000 today ;-)


    *******************

    It certainly puts the lie to this latest SA pump piece's premise that all these headlines are an indication of . . . BIG THINGS TO COME!!! LOL

    First show me the money!
    Aug 8 06:15 PM | 1 Like Like |Link to Comment
  • Kandi Technologies - Focus On Growth [View article]
    http://1.usa.gov/1q1nTkE

    The $300M Shelf became effective yesterday. Could not have come at a better time with KNDI back to its peak!

    It's as though a company were naked shorting its own stock; they create new shares out of nowhere, directly sell them into the market, and never have to buy them back.
    Aug 8 02:54 PM | 1 Like Like |Link to Comment
  • Organovo Preparing For Product Launch With Necessary Prerequisite Steps [View article]
    BTW- I noticed a rather odd runup of the stock into yesterday's close. Perhaps an early friendly nod to expect a positive SA piece tomorrow?
    Aug 7 03:29 PM | Likes Like |Link to Comment
  • Organovo Preparing For Product Launch With Necessary Prerequisite Steps [View article]
    Wow another SA article by a long that is plenty misleading!

    Where shall we start?

    He claims that 'Organovo has validated its product through third-party sponsorship and another large pharma agreement'.

    Just because ONVO announces every couple of months that another 'XYZ party is evaluating our product' means very little. There's no information attached meaning there's nothing material to the deal such as an exchange of money from XYZ to ONVO. If there had been ONVO would have a) touted it to the skies, and b) issued another S-8 to make sure everyone knows. After all they'll issue an S-8 just to announce a change to the FAQ on their website!!

    It is true that in 2012 Pfizer paid ONVO $1M for a 'first-look' at the liver assays. ONVO made a huge deal out of this but when the Pfizer contract expired in 2013 and there was no renewal, no orders, no follow-up, ONVO quietly let the matter fade away. A few months later though Pfizer becomes a customer of Insphero, one of the many companies already selling 3D liver assays. No explanation for that, huh?

    None of the other 'look-sees' announced over the last couple of years have developed into anything either. Just check ONVO's revenues. Since the Pfizer contract expired their revenues can be measured in almost joke numbers; $380K revenues and $26M in losses for the latest year.

    And what about the in-house testing service ONVO has inaugurated? We haven't heard another word about it which doesn't speak smashing, or any kind of, success. If the product is great and evidently IS now available, why aren't potential customers beating down their doors?

    What you've done with this article, like so many before, is to take the bare bones information that ONVO releases and then re-imagine it into something VERY BIG, something you hope/wish it were. Well done. ONVO very much encourages that. After all the one product they've proven themselves to be incredibly successful at is selling a story, which allows them to selling more and more shares to the public at nosebleed prices.

    BTW- The CEO Murphy banked about $7M in the last year from personal stock sales . . . or about 20X the company revenues!! Now THAT'S a success!
    Aug 7 03:26 PM | 3 Likes Like |Link to Comment
  • Kandi Technologies - Focus On Growth [View article]
    Even though as we've recently seen the stock can drop also 50% in a matter of weeks?
    Aug 6 02:49 PM | 1 Like Like |Link to Comment
  • Kandi Technologies - Focus On Growth [View article]
    It might have been a month ago at 11 - 13 but you'd probably be foolish to buy it at these levels right before earnings. KNDI's up 400% in one year and is priced for uber-perfection IMO.

    Myself I'd probably take some profits now in fact.
    Aug 6 03:13 AM | 1 Like Like |Link to Comment
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