I am a long time reader and this is my first post. I just cannot sit quiet on this anymore. You guys sound like a bunch of elementry children arguing on a playground. Yes, there are few posters that are trying to manipulate this stock. If you cant see that and you are acutally stupid enough to buy into it, then you should invest in gold. If you have have half a brain, you can see posters who have multiple user IDs who start a thread and then the whole thread is the same poster using multiple IDs to have a conversation with himself. He is trying to make the reader believe into his "theory". With that said, XIN is a stock that is undervalued. It is going to go up. If you are true investor in this to make money the buy XIN now. It is going to go up. I own 8000 shares of this company. I have never been a supporter of Chinese stocks or Chinese real estate but XIN is the needle in the haystack. If you are listening to the naysayers or the manipulators then you are an idiot. If you are trying to make a few quick bucks, then bounce in and out. If you are a true investor, XIN will triple within the year, no doubt about it. Don't buy into their koolaid. Good luck and happy trails.
I sold 3000 shares at $3.40, and bought back 2600 shares at $3.34. I always keep one core position of nearly 10K shares. I trade them in my IRA account, so I need the Money settled to buy back more if it drops.
I commit my fund to Xinyuan, and only hope it drops after my sell.
Stock Order: XIN-XINYUAN REAL ESTATE ADR EACH REPR 2 ORD SHS Status Filled at $3.3874 Symbol XIN Description XINYUAN REAL ESTATE ADR EACH REPR 2 ORD SHS Action Buy Quantity 3,000 Shares Route FDLM Order Type Limit at $3.41