Kandi today soared to 15.5% as of 12:20pm. This is because of an article released announcing their goal of expanding to Beijing and Shanghai. This is great news for the followers of Kandi. We have know this was the plan so it is not all new news, but it is good to hear. I believe this will settle back down to somewhere in the 14’s later this week but it has established higher highs and higher lows. Good news for Kandi longs. I had a PT of $15 on this stock and I believe the next leg up will take out $16. Great company!
As we head to the end of February many investors are speculating when Marsh will choose to update investors through a CC or through some other method. PLUG has a new big deal but has yet to officially announce who it is. Most believe that it is another deal with Walmart because in their recent reports they mentioned PLUG. Also, investors expect an update on how the Asian trip is going for Marsh. Anew Asian deal would be huge for PLUG, and would drive the PPS up quite a bit. I still have a short term PT of $5.00 but my long term for the EOY I think will range from $15-$20.
This photo is of PLUG’s CEO and a meeting of his in Asia. I found it on PLUG’s Facebook page. As we all know, Marsh has been roaming Asia look for new deals for PLUG. A new deal with a great company could be huge for PLUG and their PPS. I am very excited to hear any news from his adventures because there is so much potential for PLUG in the short term and long term. My short term PT for PLUG is $5.00