February 2014

KNDI Crush

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!

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