No where, that's it. No more than 5 unless the dividend is increased.
Actually, I need to rephrase that. It's going down because Acadian is selling out. Yup, that's where it's going...
You really are nuts Rocky. The stock has tripled.
It's gone up $1 while its worth $12 at book value. Not rocket science to see that it hasn't gone anywhere. Keep selling 600 shares at $5.50 Waldo.
No dividend increase they need the money for fuel for the jet
Only for the pleasure to remember to everybody how good you are with prediction !
And besides, I don't give a sh€# about your opinion because I just made another ton on this one and have since the middle of 2011. SMD.
You are a short sighted fool. When talk about "going somewhere" it means an appropriate evaluation and not a measly jump from 5-6. Btw, are you new here?
I'm hoping the company is buying every share that's offered under $5. But It doubt it.
This is XIN's normal blackout period. They could buy if they had a predefined automatic buyback plan. These plans must be filed with the NYSE and/or the SEC. What I don't know is if these plans must be made public.
If they do that the CEO will just get a bigger allowance
He already got himself a bigger allowance with the 60 million hare buy back. At 13.5%!