Do you know that this stock went IPO at 14 or so? and company earnings and revenue have at least quadrupled since then?
At the very least this should be trading at Vanke's (biggest chinese real estate company) valuation metric which is at least 3X current price. (Vanke trades at P/B ratio of 1.56, P/S of 1.0, PE of 7. XIN trades at P/B of 0.5 and P/S of 0.6 and PE of 3)
And without any kind of frustration having bought my first XIN pos 5 years ago (paid a few above $5).
That's the "profile patience" being shorts or longs.
i'm a holder and nothing more.
Having the feeling that most of the people in this board are gambling because really difficult to understand how they think an investment.
Indeed is much more understandable if we had previously analyzed the stock.
Because reviewing just the daily chart of a curve is simply a faulty reasoning if we can check a larger trend within five years.
You just wrote the last couple of years but too many people by "frustrated teknowiz"
The vast majority gamblers and only a few investors.
(without doing any value judge)