$Kandi Technolgies (KNDI.US)$ From the conference call! 'Ma...
From the conference call!
'Management is considering a tender offer for stock repurchase at $3.50 per share."
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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bobokiller : When's news
10baggerbammOP bobokiller: I'm not sure what you mean. what I posted was from the conference call
bobokiller 10baggerbammOP: Do you think the price will go up 10 places?
10baggerbammOP bobokiller: come down new people come back they come in I believe that the company should be trading at a minimum of $10 right now. understand that's my opinion because the value of this company is not giving them any credit for anything they've ever achieved the fact that they're now profitable two quarters back to back the fact that they have 20 plus percent cumulative revenue growth 50% in the US marketplace their deal with lows in the NFL it takes nothing into consideration it values them as a private company they should be trading at 5 to 10 times revenues right now not one and a half times revenues and yeah that would put the stock between 10 and $20
Shroomie 10baggerbammOP: you can say the same about sofi.. they have deals.. a stadium.. next superbowl at the sofi stadium... back to back profitable quarters.. substantial growth and they still tank on earnings and undervalued lol. and it's not even a Chinese company lmao. still remains heavily shorted
10baggerbammOP Shroomie: sofi has too many shares in the float. I think it's a good company and it is in the same boat as candy there's no doubt about it because it's not garnishing a fair valuation.. but everybody knows about sofi Bank and very few people know about kndi. and if candy does have a 350% increase in revenue this stock is going to go parabolic through the roof even if they do 300 million next year by the end of 25 it's going to go through the roof it has to because right now the cash they're holding is worth more than all of the publicly traded stock. they have over 230 million in the bank if somebody were to buy the company all the float that exists it's less than 230 million they buy all the stock they get $230 million cash in the bank they get the company for free
Shroomie 10baggerbammOP: good point.
Shroomie 10baggerbammOP: what's your thoughts on $Lion Group (LGHL.US)$
10baggerbammOP Shroomie: to be honest I've never heard of it I can take a look later but right now I'm very concerned about Nvidia and I'm highly leveraged in soxl... so I can take a look later tonight tomorrow but I've got about a 4 million investment in chips right now that is very concerning to me
Shroomie 10baggerbammOP: lol earnings doesn't come out for another 5 hours.. nothing you can do now