Looks like it could have a nice bounce. Way undervalued right now!
Posted by Upside on :
Aren't they being sued by just about everyone?
Posted by jordanreed on :
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=PZ&Date=20070523&ID=69 48894&Symbol=XFML The Complaint alleges that Xinhua and certain of its officers and directors violated Federal Securities laws by issuing false and misleading statements in the Company's March 8, 2007 prospectus (the "Prospectus"), issued in connection with the offering of 23,076,932 ADSs, representing 46,153,846 common shares at $13 per share.
Posted by Upside on :
Looks like a rock solid buy to me.
Posted by TimW on :