Perfect closing above five weeks average and every day averages.
We are ready to shoot at $6.50 - $6.60 level next week.
I would suggest all the longs hold for long-term gain.
Ignore the shorts like star_hominid and infn444 like I am doing.
They are trying to fool you to sell your stakes cheap.
They are the worst short I have ever seen shorting on a stock trading 50% off its cash level and book value.
Believe me, this is a $12 - $15 stock in a year.
I'll short stocks from time to time. Certainly not short'n XIN from now to year's end ++. Never see poster 444 say anything of value so ignore is the right thing. Whether the investor is long or short IF they have half a brain they can make some valid points on either side of the play and time will tell who is correct. Given the stats and the outlook XIN seems a low risk no brainer but not for the impatient, at least so far, all things being relative on what one wants out of it.
Shorts are scared since they know this is going much higher maybe $15 next year and they will be broken.
I have put below two shorts on my ignore list so what they say does not matter to me.
I would suggest everybody to do the same.
My first target is $5.50...second target is $5.00...third target is $6.75. You can see from my targets that I am a rare "Pumper/Basher". We are ready for any market event.
Good luck with the pom poms! LOL!