XIN. Bought 200 more shares today. Have 1200 now. If you know of a more undervalued stock let me know. Stock has a pe of 3 and pays a 4.5% dividend and sells at half of book value.
Sentiment: Strong Buy
Even more undervalued now. Bought 300 shares at 3.87. As long as the company maintains the dividend and earnings are anywhere close to where they are now this remains the most undervalued stock in existence.
I know of a more undervalued stock than 4-24-14 XIN at $4.21.... It's 5-7-14 XIN at $3.88 for over a 5% yield. I don't know if people are capitulating becauset they're nervous about earnings or what. Hoping the company announces an earnings date very soon. At some point the bleeding is going to have to stop. Anyone planning on capitulating or is everyone in for the long haul no matter how low it goes?
Its because the crooked market maker banks are shorting the hell out of a perfectly good company. In my opinion they should go private and so should all other companies that the market makers aka banksters decide to destroy. The banksters should have collapsed back in 2008 cause that is exactly how capitalism works. Were it not for the socialists in the democrat party they would have and these kinds of manipulation would not have been a factor. The Federal Reserve is the banksters union so if the GOP wants to attack unions they should go after the biggest union in history and the present time. I say keep voting libertarian until we end this Fed and their banksters stooges.