Sino Agro Food Inc (fka SIAF)

[challe08]

NITE seller is a hedge fund

They could be imo, no way NITE can be selling loads of share every single day for almost 3 months, after r/s volume wise we are still talking in figures of millions. They have almost constantly been at the lowest ask, I think that they could co-operate with another MM's or that the other MM just see what is going on and "help" them and in their mission also making money on us. To suggest this is only retail selling from a "lot of small and big hands" can't be true.
Today we also saw a fake ask from ATDF, I think they got hit once with their huge selling order but after that just backed away.
Without watching every second during all night it might very well be that ARCA is now acting for some bigger player here, in and out buying some 30-50K, that is a bit interesting actually.
BKMM hasn't been seen since the R/S, they were really active before so I'm not really sure why. Nordnet used them some weeks ago and yesterday I wasn't able to trade electronically there, only telephone orders.

If ARCA had been able to buy those shares from CANT (@ $6.87) before closing today we had seen a closing at 7 dollars, hopefully we'll be back there again next 2,5 trading days.