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Xinyuan Real Estate Co., Ltd. Message Board

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  • stan.ackman stan.ackman Mar 23, 2012 3:54 PM Flag

    bought back a little today

    You are the type of guys hurting XIN's stock price. You always sell when the stock go up a little while you keep claiming the stock worth $6+. In the reality, you just a swing trader, trying to profit from 15% to 30% price appreciation.

    It is fine to make money that way. But just don't say you feel the stock worth $6+. It makes me sick. Apparently, if you really feel it worth more than $6, how could you sell it when it is around $2.80. Because you know this stock doesn't worth more than $3 per share, and you know most likely the stock will drop back to around $2.50.

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