3StocksOnFire — US Stock Trading Community · 451+ trades · 257% returns · 15,000 members · Main Site · Trader's Guide · Articles · Video Analyses
3 Stocks On Fire
3StocksOnFire Community Forum
Home Message Boards Trader's Guide Articles Video Analysis About Us Search Register

XING

Started by David Randolph, November 30, 2005, 04:33:17 AM

Previous topic - Next topic

ygtrdr

Bot 1000 XING @ 14.27.

wxmang

#511
I am a big buyer right here and now.
XING should have no problem going to 20 by year end :)
Especially with the earnings it has. wow!

Looking at stockcharts.com history of XING
$19.72 would be a great opportunity to sell.

buddjas1

I am now $2 under my buy price from eight days ago.  What the heck is wrong with XING?  I thought earnings were quite good.

raspi

I am shocked.. and I have no idea what's going on... XING has not reported yet. They promised to do it in about 3 weeks.. QXM numbers were excellent $0.32 (or something like that) for Q1.. It should trade at $20.. Instead it's going down every day...

ygtrdr

XING is one of the most irrationally traded stocks I've seen. Past experience with this one tells me to sit tight and it will almost randomly for no reason start heading higher and break out to new highs. I hope management isn't concealing anything though.


yukiii

Research Coverage on Qiao Xing to Resume in Late June; Reiterate Positive View on The Stock
Since our last research note on Qiao Xing Universal Telephone, Inc. (XING) released on February 14, 2007, we have suspendedour
research coverage on the stock. This is mainly due company management's concerns over the release of non-public information related
to the pending spin off of its mobile phone manufacturing operation under its CECT subsidiary, which has subsequently listed on the
New York Stock Exchange in early May under the quote of QXM.

The subsequent plummeting of the share price of XING from nearly $20 in February to below$13.0 recently was partly due to the poor
performance of QXM since its debut and partly due to institutional investors' disappointment over thelack of transparency related to the
long-delayed announcement of XING's final results for the year ended December 31, 2006.

We have been keeping our dialogue with company management over the business progress of XING and its subsidiary QXM. In our
view, the fundamentals of XING are still very strong. In fact, QXM announced on May 21, 2007 that it has launched the innovative new
mobile handsets using Atrua's fingerprint touch controls, which will increase the security and privacy of the mobile phone user.

Mr. Wu Rui Lin, Chairman and CEO of Qiao Xing Universal, indicated that XING has targeted to release the 2006 annual reports on
Form 20-F in the middle of June 2007 and financial information in respect of the first quarter of 2007 shortly afterwards. We will study
the results in details and pay a due diligence visit to its manufacturingfacilities in China to learn more about the progress of XING's
business. A detail research report on XING will be released afterwards, and we believethe report should clear much of investors'
concerns over the company's fundamentals. Meanwhile, we understand that the "black out" period on research coverage on QXM will
end in around mid June. Institutional brokers in the U.S. will be able to release research reports on QXM shortly afterwards, which
should help improve the transparency of QXM and thus XING.

Based on our current assessment, we believe the sell-off on QXM and XING have been over-done. Our view on XING remains positive
and we will release our revised revenue, and earnings forecasts, as well as our target price on XING in our next report in late June.

buddjas1

Nice intraday bull-flag forming.  Let's see another 3% today!

ygtrdr

Sold 1000 XING @ 14.66. GLTA those still holding.


bigdogs99999

XING is projecting blow-out second quarter numbers from operations, and will have about $3 share in non-cash earnings for second quarter.  A screaming buy in my book.
"Men make counterfeit money; in many more cases, money makes counterfeit men."

setravis

#519
The XING Threads in Previous 3SOF Picks
Have been merged.
Got the go ahead to do so from Ramsburg.
I will be working here on this board to merge other threads also.

I will leave you Friday's closing chart while I'm in this thread....... 

Good trading to all !   

Regards,
Your fellow trader @3SOF
setravis   
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis