Once again, it seems most big XIN supporters here sold at least part of their XIN stocks yesterday at just a around $3.30 while they always said XIN worth more than $6. Again, I doubt their "faith" in this stock.
Yeah I sold out yesterday and bought back in $0.03 higher. That doesn't mean I don't think XIN is worth $5-6, it just means I tried to surf a short term pullback and missed.
you are fortunately to buy back yesterday. Look, MM will not work in the way you always believe. It can push the stock up another 10%-20% before a minor pullback. Try to predict a stock's short-term movement based on the chart is always risky.
I think you might be hanging with the wrong people...if you think could be effective.
One perso mentioned selling some shares. What are you talking about?I won't even think of selling until we hit $5.00, and maybe not even then. We shall see.
The "supporters" I mentioned are the ones spoke pretty loudly here. Other than you, JB, most other frequent posters such as connor.jin, wal, etc., sold part of their XIN holdings. I feel bad for them. What a shame if somebody could not do exactly what they said. But, JB, you are a good one. You will make a lot of money by XIN.
If true, that wouldn't say much. People are different and some are traders versus investors, who may sell some shares on a quick move up with the intention of re-establishing on a pull back.Personally, if I were a long term buy and hold investor, I wouldn't be worried about what other people are doing.
I haven't sold a share of XIN in 2012
I bought 10 K along with many yesterday. Hope she has some legs...clearly undervalued but one never knows with Chinese listings.