.................the long awaited run will last til about $15 and then all you get is a delisting notice.
I only bought Xin a few weeks ago. I know lots of people think Chinese stocks are all frauds, so I had a question. Has anyone received dividend payments from XIN? If they have, that would add a lot to their credibility. Combined with every analyst I can find considering them a BUY, makes me think they're legitimate. Also, the fact they bought land in Brooklyn to develop makes me pretty happy.
Main question, has anyone owned XIN for a while, and recieved dividends?
You really are pathetic!! Nothing and I mean nothing that is said on a stock message board hurts anyone. It is for entertainment purposes ONLY!!
The only reason is its a Chinese fraud?
It is not a Chinese company. It is a Nevada corporation and audited by a US CPA firm, Kabani & Company Inc. headquartered in LA. Not a top-tier firm but certainly firmly in the control of the PBOAC and the SEC.
What is the alleged fraud? The company has been in existence since 1995. It has a few old shareholder suits outstanding but there has been no reserve for losses as management asserts the suits are without merit. Under GAAP, the auditor has to concur with this assessment to a material extent.
It is in the most basic business possible, coal mining. The only known possible fraud with a company in this industry is to misstate reserves but that is so dialed-in today, it is a slight risk.. The mining industry is not even subject to cyclical risk.
You really are hurting people by yelling Chinese fraud at every turn. The Chinese do not really understand the issue and do not get serious about the issue when you scream fraud for a company that has nothing to do with them. They really cannot differentiate. It is either all or nothing. You are not only hurting shareholders, in fact stealing from them if you are short, but you are doing a grave disservice to many poor and humble Chinese. Please stop. Could you just give the country a chance?
Wow you are so cool. Look what you did you expressed your aspersions using a vulgar word. You are so neat.
Obviously, you do not follow your own advice. Please please pretty please put me on ignore.
ROFL....I love this guy. Please keep posting. This is the best fun to be had in the tri-county area. Pesky preposition and baffling verb tenses or a nap? The nap is the winner.
Dude, I am from the west. Nobody cares, it is an effective tactic in the dormitory at Southwestern University of Science and Technology in Mianyang but we are not robots obsessed with uniformity. It is an honor to be unique not an abomination. The world is not Han culture only mainland China.