Saturday, 25 January 2014

XDL: To The Moon And Back

I'm not interested in XiDeLang, as China stocks listed in Malaysia seems too risky.

I know that recently there are some rights issue with many free warrants and bonus shares.

I'm aware that its share price has gone up 100% in one month time since its ex-date on 19 Dec 2013, even though its business seems to struggle for the past one year.

A China-based stock has finally "deservedly" traded at high PE?

Wait a minute, it is now back down to earth in 2 days, just before the listing date of new shares.

It's a costly lesson to learn for some.

This is yet another example of how fast things can turn against you in the stock market.

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