He says sell at $2, the stock goes to $2.50 cents, and then catapults to $3.06- That is a jump of $1.06 over a few weeks from $2.
This proves my perception that he is a fool is correct.
Thanks for your input. That $10 million penalty was missed by me (naïve in economics).
But the Chinese Market is always slow in 1st Quarter , but I not sure of the reason (star stated Chinese New Year).
Unfortunately you were still saying sell when the stock was at 2. Anyone stupid enough to listen missed out on a 50% gain.
We know what kind of name Purely evil is and you certainly live down to it. Of course Purely Stupid fits even better.
"From the way he posts- seems like an intellectual midget, but that is being generous at best to describe- he is just inbrood product."
Judging by your mastery of the english language I stand pretty tall next to you rvga.
What kind of a name is rvga anyway? sounds disgusting, like the sound one makes when they vomit.
I think the quarter was exceptional, especially when you consider the $10M penalty. Adjusting for that the earnings per ADS would have been over 40 cents. The revenue numbers didn't make sense to me, considering that 8% of the sales came from new units that would generate little or no revenue. I am also a little concerned about the 2015 guidance, I believe that they indicate revenues of $2B with only $200M coming in the first quarter. This means that the final three quarters would have to average $600M each
This is possible, given XIN's inventory. An easy way to reach that goal is for Oosten to be completed and delivered in the 4th quarter. I don't know if it normal for projects in NYC, but Oosten has been paying fees to be able to work 6am to 8pm and on Saturdays (one article stated that they weren't going to work on Saturdays as an accommodation to the local Jewish community).
From the call it appears XIN is still trying to expand, I would prefer that it would maintain the current level until it gets over its "growing pains"
I am looing forward to the 20-F to get more detailed information. GLTA
I'm never wrong Gomer. Consider this......
If you bought Ying Yang since last September you have just today climbed out of your hole and broke even.
If you bought Ying Yang 12 months ago you are still down $1.50 on your investment for your four nickles in dividends.
If you bought Ying Yang five years ago you are still down $1.00 before collecting your 19 nickles.
Ying Yang is still a garbage stock and a bad investment choice even after today's gains. And you are still an idiot Gomer.
BTW Gomer, I hear the Columbus, OH police dept. is hiring Taser gun test dummies to help train their cops on the use of Taser guns. No brains required! Might be the perfect job for you Gomer and your chance to "give back" to the community.
Waiting for 24 hours about your comments after earnings release. We need more people like you who provide good reasoning in their posts. Thanks.
From the way he posts- seems like an intellectual midget, but that is being generous at best to describe- he is just inbrood product.