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Xinyuan Real Estate Co., Ltd. Message Board

  • fourpanelbeach fourpanelbeach Jul 29, 2013 8:21 AM Flag

    Not a fraud

    Nobody has ever found any evidence of fraud at XIN. It's circular reasoning - people say the share price is so low that it looks like fraud, and they then fail to buy which keeps the price low. Once XIN gets up to a less shockingly low price (say, 8 or 9 dollars an ADR share) then it will just look like a bargain value and growth stock, the talk of fraud will disappear, and the price will climb to a fair value of maybe $20 a share.

 
XIN
3.99-0.05(-1.24%)Jul 30 4:05 PMEDT

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