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Xinyuan Real Estate Co., Ltd. Message Board

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  • staccani staccani Oct 25, 2012 5:24 PM Flag

    Trading In the Clear: Defeat. Short Position Closed.

    hhhhhmmmm just buy a bunch of XIN and forget about it for a few years. Shorting a stock worth $30+ now at $3.04 is beyond my comprehension.
    PS if you want to make a bet with a big upside potential have a look at CPRX and their phase II b results due in first half of November

    Sentiment: Strong Buy

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    • Yeah, trading's not for everyone. It takes a steady hand, and you certainly shouldn't expect to win every time you play.

      It's days like tomorrow, which has, in my opinion, a much better chance of being a down day than an up day, that allows traders to make profit margins generally above pure investing.

      Don't get me wrong: the majority of the stocks I own, I own as an investor, not a trader.

      My brother in law shares your interest in pharmaceuticals. I don't know enough about them, myself, but their prices definitely whip-saw based on phase results.

    • I hear ya stac. Can't see why anyone would want to attempt to short XIN. The risk of going up is a lot greater than the risk down. Especially when earnings are so close. I just hope we can stay above $3.00 a share for when earnings are announced.

      Sentiment: Strong Buy

5.55-0.12(-2.12%)Oct 21 4:02 PMEDT