ORIONS Money Stocks

[Sud13]

AF - can you please share your views on this one. IPO was at $11 two months back and now it is at $6. As per Finviz.com, shares float is 8M. IMO, downside is limited on this one.

XNY

China Xiniya Pullback is a Buying Opportunity
China Xiniya Fashion Ltd. (XNY, Free Analysis), a provider of men’s business casual apparel in China, could be a buying opportunity after its recent pullback, according to Lazard Capital. The analyst believes the company’s fundamentals remain strong following its investor call and noted that it reiterated its fourth quarter guidance on the call.
The fashion company’s stock has fallen sharply from its IPO highs of over $11.00 per share in late 2010 to its current levels of around $5.90 per share. While there has been a lot of concern about China-based companies, analysts point to its 2010 revenue estimate of $131.5-134.5 million as a catalyst for a move higher.

http://sumfolio.com/top-3-analyst-stock-picks-to-watch-1033/

http://finviz.com/quote.ashx?t=xny