Replies to post #77732 on SwingTrade Member Forum (SWING)

[Rigel_7]

Um...XING...

Are they going to miss earnings? I never saw where they projected earnings. I see nothing but an efficient operation here...even cutting some costs over the first six months of this year...and a company that is gaining market share. I don't get what's happening right now. $5 just doesn't even seem possible for this company. They're rock solid. Man I hope this slide down the slope is just shorts, although I am now very concerned about the analyst update. Thanks for the info...I think...LOL.

[Rigel_7]

Spoke with analyst

Hey, RBisPOO, I just got off the phone with the analyst at Provident. I essentially got what you got. He did say, however, that he is still positive about XING. Their fundamentals are solid. Their business plan continues to be executed effectively. They're growing. He said they were simply over sold right now but feels the bounce is coming. Cautious, but optomistic. My stomach has settled...LOL.

Great info, and thanks for the heads up on this. If it gets a little ugly for the next few days with this one, I won't panic.