The two things that were identified on the call as possible reasons for a low valuation were (1) fears of a China property bubble, and (2) fears that there is accounting fraud at $XIN.
is this position a fraud? 21-Jan-11 04:48 pm but i really don't have another explanation for the poor stock performance than i) this position is considered a fraud by wall street.
XIN’s share price reflects concerns about fraud in US listed Chinese equities; XIN is listed on the NYSE.
Homebuilder Ponzi Scheme!! 15-Jan-08 03:33 pm
Pretty sure this scam / company is managed from the Caymans... A friend of mine spent a year abroad in Xinhua as a contractor... He says he's never heard of these guys before, thats why I am shorting the HELL out of this garbage ponzi scheme...
Stocker I have another question for you. In your last 3 posts under "sentiment", which I take as your sentiment on this stock (ZSTN) you have strong sell, hold, and also buy. Why the different sentiments for the same stock? If you are in fact talking about other stocks why not take it to their board?
The strong sell is for XIN based upon Jin Connors statement. I was only disagreeing with the ABSOLUTENESS Jin was referring to concerning XIN. I thonk hes ignorant. Obviously ZSTN has a strong buy or a buy. Nothing wrong with the company. Alot wrong with wall street, when they get their heads clear theyll see the folly of their ways. They shoulda bought into ZSTN. Its up and up and they need to take their blinders off and get on the gravy train.