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Technology Stocks : Qiao Xing Universal Tele Inc. -- Ignore unavailable to you. Want to Upgrade?


To: The SPHINX who wrote (86)12/30/1999 4:40:00 PM
From: gladman  Respond to of 203
 
I can't predict single day action, I was wrong today as I thought the crowd would move on to other kills. Every buy today was retail, institutions wouldn't touch this with a 10 footer. Mom-n-pops are all home on vacation point-n-clicking lookin for the morning gapper.

What a crock of shit!!!

Reuters already negated every positive aspect of the original XING hype PR, Bloomberg and CNBC also torpedoed the claims. Approval will not come to fruition for XING for at least a year, if they receive it all.

Tomorrow will volatile in both directions, but I really see this back to where it started in several days. Right back to single digits. When the anticipated pr does not materialize retail investors will exit faster than a whore runnin out of church.

I wish you luck, i'm sure you're sitting at a profit, try not to get whipsawed. A short at this level should net at minimum 20 pts. Remember nothing fundamentally has changed with XING, an 8 dollar stock for years.