Kevin, thanks for the reply, and an update on your recent activities. I'll look forward to more investnaire.com postings, and I am also anticipating some interesting posts from Arthur Porcari regarding his KNDI fact finding trip to China. You are right...the KNDI bulls and bears really do get contentious on SeekingAlpha, but then, come to think of it, that dynamic is certainly well in place for TSLA as well!
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Also sell some put @7.5 if it does not move. I see the downside risk is small but the upside has potential.
Any particular reason for 7.5? The Dec $5 calls are quoting $2.6 right now, just barely above the stock price. Almost any movement up is profitable. The 7.5 calls are $1.25 each, so you'd need to see over 15% gain before those broke even. Granted, you can buy twice as many of them though and score if there's a real breakout.
Not criticizing, god knows I know very little, just trying to learn by understanding the reasoning behind how you decide which call to buy
Any particular reason for 7.5? The Dec $5 calls are quoting $2.6 right now, just barely above the stock price. Almost any movement up is profitable. The 7.5 calls are $1.25 each, so you'd need to see over 15% gain before those broke even. Granted, you can buy twice as many of them though and score if there's a real breakout.
Not criticizing, god knows I know very little, just trying to learn by understanding the reasoning behind how you decide which call to buy
It is good comparison. The dec@5 will almost have the risk profile and buying power as buying shares given margin. The @7.5 has less max loss and more buying power however less likely to profit. Since I am quite bullish in 2 months I prefer the latter.
Ah, so given your expectations on where the stock will be in Dec, the increased leverage on the 7.5's has more value? If you were thinking just, say, a 25% growth, then the 5's would be the better deal (I think, I haven't run the numbers on where those lines cross).
I agree @5 would be a safer play. However I am going for double digit price target. I just don't know when the market will get it.
I went with the 5's. I'm playing with margin on this one and it felt safer in that situation to have less chance of coming up empty and ending in debt. It could still happen of course, but it's less likely. Obviously, I'm short cutting my profit potential.
Hard call. One really good shot, like KNDI going to 15 and taking the 7.5's would pretty much mean I never needed to play with margin again. But I can afford to take that risk next time if this lower risk play works out.
I would be interested in knowing how many here hold KNDI (beyond short-term trading) and do not question the legitimacy of its numbers, auditors or a combination. Issues were raised multiple times about this company - I'm not saying they are true, but the red flags have to be considered imho. This however is hard to do for foreign investors.
There were other US-listed Chinese reverse mergers where investors even visited the company/its operations on the ground in China with photos etc. to prove everything was legitimate and they still fell apart a few months later.
There were other US-listed Chinese reverse mergers where investors even visited the company/its operations on the ground in China with photos etc. to prove everything was legitimate and they still fell apart a few months later.
I usually don't see your posts as I am using the blacklist feature.
Everyone can do their research and take a position. Short or long, it is all within your reach. Action speaks louder than words.
Latest KNDI analysis by Arthur Porcari after his recent trip to China:
http://seekingalpha.com/article/1734212-does-kandi-hold-chinas-solution-to-an-impending-consumer-mobility-crisis?source=email_rt_article_readmore
http://seekingalpha.com/article/1734212-does-kandi-hold-chinas-solution-to-an-impending-consumer-mobility-crisis?source=email_rt_article_readmore
Back to $8! I am so pleased to be greeted with this Monday present. I've rebuilt my position during the $7.5-$7 time. Now it is the question whether I want to add more. If so, it will be those OTM calls. Hopefully write an update article on investnaire.com soon.
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Technical is as important as news. I see the $7 last week as the support so I went in quite a lot.
Very volatile. Go up to $8.5 and back under $8. Nobody can figure out why.
Fortunately I caught those move, almost too good. I've updated my strategy on my site.
Fortunately I caught those move, almost too good. I've updated my strategy on my site.
Another round of going above to $8.5 and down below $8. Again I updated my account status, which is doing fantastically well given the zigzag movement.
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Btw, I am glad to announce Arthur Porcari and Daryoosh Ardalans will be publishing their articles on the site as well.
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Btw, I am glad to announce Arthur Porcari and Daryoosh Ardalans will be publishing their articles on the site as well.
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