As a long-term investor, I don't short stocks (not smart enough or not stupid enough, take your pick). But I definitely wouldn't be shorting a stock with a PE of slightly over 1 and a yield of almost 4%, with an earnings track record. Seems like a powder keg that could explode in the short's faces. There have to be much better candidates for shorting - this could go down and make a little money for shorts but their risk seems exponentially greater than their potential reward.
There is a big chance of big news any day. Chinas economy is picking up. Investment demand was stronger than expected consistent with the relatively strong credit growth registered in January and February.. KEYNOTE On the property market new homes sales continue to improve and housing starts are also recovering moderately. The leading indicators such as monetary supply and credit growth continue to suggest that China remains in a moderate acceleration phase. On the down side they saw a little inflation but that means jobs and urbanization. Retail sale were a little week but the Economy slowly mends slow works as their growth is the envy of the world. STRONG BUY!
this is going to go to 6 dollars easy. the China government makes to much money of real estate to let it slow down or die off. This company is part of the process the government uses to get revenue. The government has to bring in income especially right now.