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Message Boards Settings Qiao Xing Mobile Communication Co., Ltd. (QXM) - Quote Info
recap      5-Nov-09 05:25 pm    
Hard to say what the next few days will bring, but:

1) the volume today was not significant in comparison to the prior 3 days

2) it appears to have gravitated towards the 4.33 level, which is important in that it represented the old 52 week high that was bested this week

3) I am more comfortable in the mid-4 range until we see what happens on the convertibles. Essentially, the closer the price is to the 4.05 convertible price, the more likely those converts are redeemed as opposed to living on and continuing to gum up the reporting

4) If the convertibles are indeed redeemed - it will dramatically clean up the balance sheet presentation

5) Add on the probability of another quarter of positive revenue growth, and this may just be the beginning of a great run up

GLTA
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  Subject Author Rating Time of Post (ET)  
 
recap
ad_finem (1 Rating) 5-Nov-09 05:25 pm  
 
also - although the convertibles represented a cha...
ad_finem Rate it 5-Nov-09 05:31 pm  
 
did they need to raise cash after the ipo?
bigdaddytex... Rate it 5-Nov-09 05:52 pm  
 
Recall the conf call when they responded...
ad_finem Rate it 5-Nov-09 06:29 pm  
 
they get the cash after the IPO to ...
miletius Rate it 6-Nov-09 04:45 pm  
 
most informative post seen in ...
lucentneeds... Rate it 8-Nov-09 10:58 am  
 
The F1 is already approve...
miletius Rate it 8-Nov-09 01:11 pm  
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Qiao Xing Mobile Communication Co., Ltd. (QXM)

Chart for Qiao Xing Mobile Communication Co., Ltd. (QXM)
On Dec 22: 3.62 Up 0.01 (0.28%)
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