Mon, Sep 1, 2014, 3:53 AM EDT - U.S. Markets closed for Labor Day


% | $
Quotes you view appear here for quick access.

Xinyuan Real Estate Co., Ltd. Message Board

  • stan.ackman stan.ackman Aug 15, 2011 10:42 AM Flag

    Cut XIN to 8% of my portfolio

    Sold few shares above $2.40 to reduce XIN from 11% to 8% of my portfolio. I agree XIN has huge upside potential if everything is right in the future. But the huge risk simply could not allow me keeping it above 10% of my portfolio.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I thought you were out on any pop above 2? Well you had your pop? What made you change your mind now? I have been in XIN for 17 months and will be for another 10 years. I hedge all my longs by buying puts on other stocks and by buying some tvix and tza. Has worked for me the last 10 years and will again. I never trim my position unless a stock gets fairly valued and XIN is far from that, this stock should be trading at a minimum of $6.00 pps and up to $18.00 pps during a china sector bull run. Anyway I own 7% and have been adding small amounts monthly regardless of price. Good luck!

3.61+0.07(+1.98%)Aug 29 4:07 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Synaptics Inc.
NasdaqGSFri, Aug 29, 2014 4:00 PM EDT
Avago Technologies Limited
NasdaqGSFri, Aug 29, 2014 4:00 PM EDT