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Qiao Xing Universal Resources, Inc. Message Board

  • rforster99 rforster99 Aug 1, 2007 11:27 AM Flag

    FIRE SALE

    How low can we go? 2nd quarter earnings for all stocks appear to be heading for a 10% increase as opposed to 4% expectation.This market is still cheap for most industries and ridiculous for XING.I know it may take some time to get that bad taste out of our mouths due to managements mistakesbut the numbers tell all. Growth is excepional in a country that has the stromgest economy.Capital investment is strong and future profits seem safe. You cant ask for a better opportunity. If you have balls to weather this emotional storm the rewards will be great. I'm all in.

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    • You are right about past performance which were based on expectations.What we got was restatement of earnings and accounting losses and other bullshit.However since Q1 earnings the real numbers are out but disguised by derivitve losses. This will disappear and what will remain are staggering profits which must propel this stock. Of course ther are no guarentees and maybe all these numbers are phony. I doubt that. They have hired a lot of powerful people to make sure that won't happen.

    • As I have said what hurt us (derivatives in 06 and Q1 07) will help us (Q2 07)...of course, real impact as a non-cash item should have been nominal on both occassions.

    • I can see your side but my average price is just a little over 11.00 so I feel pretty good about this for now. I also like to hold for a year or longer so the short term fluctuations don't bother me too much. I'm going to keep my fingers crossed and try to ride this one for a while.

    • you are certainly right about the past but remember everyone was counting on expectations and we got burned withrestatment of earnings and derivitive losses and maybe some other bullshit. However since Q1 results and guidance the facts are out there. The numbers look great but are disguised by accounting losses. These will disappear.

    • The markets use every trick to make sure that happens to the least amount of investors. This board has a lot of traders and trading xing short term has been a disaster and shorting a windfall. I wouldn't expect there would be many left who realize the bargain willing to post.

    • If you are happy with a 1 or 2 point profit thats ok. It's a good percentage gain.What i am suggesting is that the numbers and guidance are pointing to at least a double. These opportunities don't come along that often and when they do you have to recognize them and act.

    • hey - the odds on this one are a lot better on the upside than down - and that's what we are looking for in a stock.
      Yeah, I've thought that since $15 on down, just like 90% of the other longs on this board.

      Just because it isn't happening today doesn't mean it won't pretty soon. Look at the numbers and if you don't think this stock has a huge upside maybe all you shorts will get to teach us a lesson.
      I'm not short, except in my dreams. This POS started crashing at $19.94 and has done nothing but go down ever since, except for one brief shining moment the day of the IOP. It quickly resumed it's tank after IPO.

      I WAS SUGGESTING THAT PUMPERS TRY A NEW STRATEGY. THEY'VE BEEN FLOGGING THIS DEAD HORSE FOR MONTHS ON THIS BOARD AND HAVE ACCOMPLISHED NOTHING. MAYBE THEY SHOULD TRY PUMPING ON OTHER BOARDS?

    • "numbers tell all. Growth is excepional in a country that has the stromgest economy.Capital investment is strong and future profits seem safe."

      buy enough shares and this will make you a millionaire.