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Xinyuan Real Estate Co., Ltd. Message Board

  • marcino3000 marcino3000 Feb 21, 2013 9:47 AM Flag

    Some fund dropping the bomb here

    Down almost 10% since yesterday pm. Looks like a fund unloading their shares. As always: Xin is bought and held for the dividend only. As soon as the divi approaches 4% or less it becomes a sell.

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    • They like to lock in profits for there port. owners early in the year if they can. xin is a great stock to do it with.
      went from $3.** to $4.98 in a matter of months.
      Smart move for fund managers to do, now they have a cusion for the year to off-set any possible down turn from the gov. deboggle.
      That is why they are fund mang. and novice don't sell off in time, their focus is on making money for their holders not riding and elavator....WEeeeeee.........WEeeeeeeeee / up and down we go!!!

    • As somebody traded XIN for a while, I am not surprised with this dump at all. I feel fortunate that I am able to sell my shares at $4.9. Again, XIN is a stock with strong technical pattern.

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