% | $
Quotes you view appear here for quick access.

Xinyuan Real Estate Co., Ltd. Message Board

  • fourpanelbeach fourpanelbeach Jul 29, 2013 8:21 AM Flag

    Not a fraud

    Nobody has ever found any evidence of fraud at XIN. It's circular reasoning - people say the share price is so low that it looks like fraud, and they then fail to buy which keeps the price low. Once XIN gets up to a less shockingly low price (say, 8 or 9 dollars an ADR share) then it will just look like a bargain value and growth stock, the talk of fraud will disappear, and the price will climb to a fair value of maybe $20 a share.

4.96+0.01(+0.20%)Jul 25 4:03 PMEDT