Given the fact that the stock traded ex dividend today, the quick run-up and absolutely abysmal market I am very pleased with XINs performance. I think consolidation is much healthier than a too quick appreciation and am confident that we are seeing a setup to a longer period of gains.
Oh yeah, and earnings wont hurt either.
Finally, the volume is great. As mentioned on already to conference calls the main reasons we have little institutional ownership is because of the low volume. This has changed, XIN is becoming increasingly liquid. Keep in mind that a single determined institutional buyer can catapult us to 10+.