RE:RE:RE:hindenburgh research short reportFurther to what I wrote below, the prior Hindenburg Research short attack I referred to was against NexTech (NTAR) in early February. Hard to know the impact on the stock price as that was just before the market started imploding due to covid. Today NTAR is around 6.33, compared to about $1.80 when Hindenburg's report came out. No long term damage, and from what I heard, the report was garbage.
treehill wrote: As I don't tend to follow KNDI closely I haven't looked at the Hindenburg report, but I recall that Hindenburg did a smear on another company that I own perhaps 6 months ago. The effects of that attack didn't affect the share price for very long.
In regard to KNDI responding, I saw this:
Kandi Responds to Inaccurate Short Report Nasdaq:KNDI (globenewswire.com) Happytrading75 wrote: The Dave,
I sure hope so! Anything other than a response to the contrary does not look good for us investors! Tomorrow will be an interesting day. I have done some research on Hindenburg and obviously there is an agenda, which in the past, due to inaccurate allegations, has gotten them into trouble. Time will tell. Fingers crossed. GLTA