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Xinyuan Real Estate Co., Ltd. Message Board

  • dannylct dannylct Nov 26, 2013 12:04 PM Flag

    Reality check - XIN versus SPY 2013 year to date performance

    Using the closing date Dec 31, 2012 SPY was $142.41 and yesterday SPY closed at $180.63 equals a nice gain of 26.84% . XIN was $3.58 on 12/31/12 with yesterday's close of $5.49 giving a 53.35% gain ytd. IF you invested 10 thousand in each at the beginning of the year - your money would buy SPY 71 shares with a profit of 38.22 per share times 71 shares made you $2713.62 versus 10 thousand dollars in XIN at $3.58 per share got you 2973 shares times $1.91(5.49 - 3.58) X 2973 shares for a profit of $5678. Now add in the dividend __ oh actually forget it __ enjoy someone making a fool of themselves bashing and next year at this time let's have this conversation again. You can get-a-guide with your crystal ball while others prefer the facts

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