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Stocks K / Kandi Technolgies Group, Inc.


Subject:  Re: Geely - Kandi Joint Venture Date:  2/4/2013  11:53 PM
Author:  TomFoolNC Number:  229 of 1397

Denny, as you know call options provide leverage. So though I will miss a lot of potential price appreciation over the next couple of years if they get bought out, I will make some additional money on my calls above the stock I own. I know, not a perfect hedge, but better than nothing.

right now I have a bunch of June $5 and most of the $7.50s that are open. Not really expecting them to get bought out in that timeframe, but lot of potential catalysts in the next 5 months.

Not sure they can get bought out anyway, doesn't Hu own a majority of the shares?
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