Qiao Xing Universal Resources Inc. (fka XINGF)

[Hedge Starz]

im not bashing. im saying THAT is what is being factored in. have you not seen the population of Chinese stock scams on the NASD? higher than any other nation by far. they don't play by the rules.

THAT is why they are trading at such a discount to cash. can't explain such an inefficient market otherwise.


what is your explanation for why they trade at such low levels to cash per share? Why not come in and buy the company out for $2 and just take the cash and close shop?

it is almost liquid enough to take THAT big of a position for a fund.


my "bashing" (hahaha) does not effect this stock either way. i was in at 1.4 and was lucky enough to get stopped out at 1.38 or else i would have had my butt handed to me on a platter.