State surplus auction draws hopeful bidders, sales of boats, ATVs, file cabinets, chainsaws
CONCORD – All rise for the honorable Chuck Dehney. The owner of Precise Industries in Lowell, Mass., has just the right place to hold court at his office with his new judge’s desk he bought at the state surplus auction Saturday morning. Hundreds of people swarmed White’s Farm in search of a bargain as thousands of items that were once state property or forfeited goods were lined up for auction ...
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UPDATED: EV Sales Not Revving Up at Kandi Technologies; Stock Sells Off
UPDATE: Read the comments below. I'm in the process of re-evaluating my position on KNDI, and this was probably a good, not a bad Q1. More to follow.
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EV Sales Not Revving Up at Kandi Technologies; Stock Sells Off
Chinese ATV and mini-Electric Vehicle (EV) company Kandi Technologies (NASD:KNDI) filed their first quarter report this morning. Revenue was up?? 72% to $14.4 million from $8.3 million a year earlier. Net income excluding financial gains) was up 160% to $1.4 million from $550 thousand a year earlier. However, the gains were based mostly on the ...
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