ChinaMart

Qiao Xing Universal Telephone: The Cheapest Chinese ADR Around?

XING isn't a train, it's a train WRECK.

"earnings" just announced show they lost .04/share in the last Q (which should have been filed over a month ago).

XING is a $5 stock, at best.

Qiao Xing Universal Telephone: The Cheapest Chinese ADR Around?

XING is a stock that has earned a low PE through their non-investor friendly habits of repeated late filings, poorly worded press releases with incorrect English, surprises losses due to derivatives, a terrible IR department, plans to change direction and aquire interest in a mining company, etc.

This is NOT how a REAL Nasdaq company operates to attract investors- both individual and institutional.

XING is worth what the market is paying for it now, and not much more IMO. XING will only see $85/share after a 8:1 reverse split.