Trading In the Clear: Defeat. Short Position Closed.
I hear ya stac. Can't see why anyone would want to attempt to short XIN. The risk of going up is a lot greater than the risk down. Especially when earnings are so close. I just hope we can stay above $3.00 a share for when earnings are announced.
Agreed, there's nothing guaranteed in this game, but I'm willing to hazard a prediction for tomorrow. I wouldn't be surprised if its trading pattern looks a lot like today's: open up, a good first hour, then not so good.