(Click On Charts To Enlarge)
I've posted on XING more than on any other stock, and I'm sorry to see this Crash Target of 4.11 from July 17, 2007 get MADE, two weeks shy of the Crash anniversary.
Since the Crash, a total of 19 targets on the upside and the downside also have MADE, so it's been a great trading stock, but most of the targets have been on the downside. XING has had many, many chances to turn this around, but it has been one of those value traps with a ridiculously low P/E ratio (probably 2 or 3 now), due to the fact that management has done little or nothing to improve its transparency and to instill shareholder confidence.
What a shame, and what a terrible disservice to XING investors.
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