% | $
Quotes you view appear here for quick access.

Xinyuan Real Estate Co., Ltd. Message Board

  • yinvestor yinvestor Oct 17, 2013 10:17 AM Flag

    It looks like large funds are buying...

    Small investors will be out gradually.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Look how small the volume is when going down.

      If I were a fund manager, I would keep building up my positions under $10(there is still a lot of growth room
      for the company, $20 in the longer term).

      After I have built a decent position, I would ask some analysts to issue some coverages on the company.
      $10 - $12 would be the beginning target.

      $7 - $8 is a good collecting area if there is not many competitions.
      Also this was last resistance area before $10.
      I will spend a few weeks here waiting for small investors to take their profits in the area.
      Also trading between this area would help increasing the average cost of the stock to help it go much higher

5.08+0.01(+0.20%)May 25 4:02 PMEDT