As soon as they were mentioned on CNBC, the morning of their offering, I and thousands of others began researching the two IPO's: VIT and ZIN.
VIT seemed without substance.
ZIN, however is a real estate developer with several completed and currently under-construction developments.
ZIN gave guidance with their offering that they would have serious competition in China's 2nd tier cities for the fast growing middle class market.
VIT promised nothing but success.
I went with ZIN, and I'm sure glad that I did. Although it was already up to $14.60 when I came in, (The others that heard the CNBC report read faster than I did) It's well over $17 today.
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As soon as they were mentioned on CNBC,
Dec 13 21:40 pm
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All Comments by WTJ »VanceInfo IPO Off To Strong Start [View article]
the morning of their offering,
I and thousands of others began researching the two IPO's:
VIT and ZIN.
VIT seemed without substance.
ZIN, however is a real estate developer
with several completed
and currently under-construction developments.
ZIN gave guidance with their offering that they would have serious competition in China's 2nd tier cities for the fast growing middle class market.
VIT promised nothing but success.
I went with ZIN,
and I'm sure glad that I did.
Although it was already up to $14.60 when I came in,
(The others that heard the CNBC report read faster than I did)
It's well over $17 today.