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China XD Plastics Company Ltd. Message Board

  • iq180plus iq180plus May 5, 2014 2:24 PM Flag

    I wouldn't worry, Dragonvistica. Despite the stellar value and the credibilty backstop

    The stock could just as easily go down $2 as up $2. Q3 was the game changer that should've started the stock moving, but alas months later it has budged a bit. Between the stigma of chinese small cap and the blantant ignorance of the investor class, I have no diea if or when the stock will approach a fraction of full value. Even the positive seeking alpha artiicle was written by a moron and the negitive points brough up on conference calls or negitive aritlces don't make any sense. They will whine about the lack of free cashflow, when they generate all kinds of cashflow but continue to reinvest to increase capacity. Now that the company is running at full capactiy the next step up in growth won't occur until the end of 2015, so they will probabley start yapping about lack of growth in the short term.
    In short there is nothing wrong with taking profit on the rare run up you got on this stock.
    In future always use options to protect yourself with these chinese small caps.

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