It’s a highly unpredictable company in a very troubled market that the government is cracking down on growth.
That said, it’s shown explosive growth and has only gone down in value since it IPOed.
“took a big hit”.. not really.. real estate isn’t a predictable industry like making other types of products..
From what I understand, it’s outperforming its competitors. I’m not planning on selling XIN just because it’s cheap. But this one is definitely not as predictable as my other companies… if at all. It was simply too good for me to pass up.
—–Original Message—–
From: Anthony
Sent: Tuesday, September 09, 2008 5:05 PM
To:
Subject: XIN
Hey Glen,
Whats going on with XIN? Took a big hit recently with their 2Q and 2H
’08 results. Im thinking about loading up on XIN now its dropped so
low, you think its a good idea?
Thanks,
Anthony