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Re: gold80302 post# 12617

Tuesday, 05/20/2008 4:36:18 PM

Tuesday, May 20, 2008 4:36:18 PM

Post# of 33753
XIN - Gold, thanks for mentioning it. China real estate developer primarily building in Tier II cities. Their projects are unaffected by the recent quake.

Stock looks real undervalued here. Trading at $9.20. Cash of $6.1 per share. Preannounced revenue growth of almost 700% year over year for the upcoming quarter. Going to have a blowout quarter. Stock is trading at 50% of its IPO opening day price of $18. I initiated a position today.

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