Once again, XIN goes up after many newbies started whining about every negative aspect about XIN. Is XIN a bad company? No, it keeps its land inventory short to fight for a possible real estate turmoil. It even leads the Chinese developers to develop North American real estate. Is XIN a bad stock? No, it actually went up 54% in the last 6 months. Of course XIN has negative aspects. Otherwise, how could you see this stock with P/E lower than 3.
So, why are you still complaining? Just keep your shares and wait for a few months. As a long-time investor on XIN, I am confident that XIN will award its long-term investors handsomely.
The only stock I can possibly agree with you here is CHLN contingent on their earnings tomorrow. You should also put VIPS on your list. They are releasing earnings after the market closes today. You want to talk about substantial sustainable growth, that's the company to look at.
After weak hands settle in HGSH and CHLN, these two stocks will underperform. Why? Weak hands always look backwards. They like chasing leftovers. When HGSH was below $2, they said HGSH was piece of #$%$. Now, they fly to HGSH when it is above $10. They don't understand HGSH's "high growth" is not sustainable. It is just one time bump from a extremely depressed level.