3rd Quarter Earnings - Great. Only weak in Q2 comparison.
It's good news to me that the the stock price is dropping finally for the right reasons - Looking at earnings. Yah! XIN is being analyzed like a real company instead of speculation and frau!
That said, it only dropped because they look weak in comparison to last quarter's outstanding earnings. The company actually did better in comparison with the Q3 of last year and still had sales almost the equivalent of it's entire market cap. The only little problem I had was the small increase in debt, but they have plenty of cash to cover it so no biggie.
This is just opportunity for longs to buy on discount. Looks like I'll be accumulating. Let's see if it can descend to 3.25. :-)