a lot of new people are coming to this board since the wall street journal online has posted XIN as a the biggest price gainer.. many of you want to find out what's going on... well just know, many of us here are long-term investors of this stock, and i mean years, we saw the stock from my $17 to 1.55... but even to my surprise many of us held on as we said 'XIN being this low just doesn't make since'... This is a legitimate Chinese stock.. DD has been done on it... its just the rest of the market is just now recognizing this.. XIN just completed a $10 million dollar buy back and will announce their dividend strategy soon.. as we all know, dividends is the preferred way of income now.. many of us old-timers just want to buy a stock, hold for the dividend to supplement our income. XIN offers just that.. good luck and do your own DD..me personally i don't think we have scratched the surface yet with XIN... around 2015 or 2017, XIN will really show its strength
I got in about a year ago starting at $1.70's, and have bought up as it rose to the $2.40 range - Now holding and have established a solid base profit.
I should sell 1/3 and play with the house money but getting greedy and the financials, div. resent conference with oppenhimer etc. has made me believe once the div. amount is announced the stock should break $4. range then I will sell off 1/3.
GLTA XIN holders - shorts need not apply, you will get crushed!
i see your a short-term, vision kind of person. i don't do well with those of that mentality. I will hold at least until 2020 and will not consider selling before then..by 2020, China should have overgrown the US by then...and people will need a place to live...Apple has said they are raising the wage rates in china, means a more middle class..