Does Everyone Owe Doublej for 8% of the Value of Their XIN?
If you take a look at a 2 day chart, and compare it with DoubleJ's announcement of the dividend timing (between about 10:30am and noon yesterday), it paints an interesting picture.
My standard belief is that bulletin boards have zero, zero, zero impact on share prices in either direction, but maybe -- just maybe -- this time it's different.
XIN's practically unique circumstances of having an unusually bright and active board discussing a stock that often trades less than a million dollars in market cap per day, might combine to mean that here (and only here) what gets said on the board may influence short term price moves.
I mean, I'm not completely convinced of that, but it's fun to think about. If it turns out to be true, then (and not for the first time), I've been a complete moron every time I've furthered public knowledge of the impending announcement, since I have a buy order at $2.81 that I'd love to see triggered BEFORE that announcement.
While I agree with your statement about message boards, there really aren't a lot a places to learn much about small stocks like this. If one or two large players read, it could make a difference.
One other note, I believe the CEO of Whole Foods was in the hot seat a couple years back for posting on the yahoo message board. He admitted to it, you should be able to google it. Goes to show, you never really know who reads and posts on the message boards.