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Unfortunately
I wont be investing into this one.
I contacted the company's IR rep and recieved a generic non thought out reply. I then asked if the company's SAIC records were in line with their SEC filings....NO RESPONSE.
Red Flag!!!
I agree, but as earnings draw closer there may be a little bit of a run up into the .70s. Everyone expects Q/Q improvement in the business. When the Co. reports this improvement in EPS this stock will never see sub .60 again in our lives.
Hopefully the Co. does not file an extension on earnings...biggest pet peeve of mine when the company delays an earnings report.
Greetings
Been watching this one for a little while as it dripped lower and lower.
About that time to go long:)
You should email Chad Sykes, company IR rep to get the information you seek.
He is of course right
Deal, SIAF board is SIAF discussion. Before we end up looking like tootall spouting useless rhetoric:)
It exceeds yours of the US
The majority of all western Euro countries are defined as "market socialist"....or the Eurozone countries to include a couple other non European ones as well. Go look it up please.
BTW, I have a dual masters in European History and an MBA in finance. I'll glady debate my knowledge of Europe with you any day.
US debt is overblown and used as a political football.
If it did happen the entire world market system will falter...wont happen. The pseudo socialistic economies of western europe would fall first...not meaning Greece either.
Sadly
The little country of Sweden is likely who sold me what I added today. Who sells in 10,000 chunks at a time? Betcha I'm right BTW...been around the investing block a few trips.
Yup
It's working now for me as well. I can do without the discussion forum since it is full of spammers hating on the stock(joenatural aliases no doubt)
Also
Someone should write to investorshub.com and let them know SIAF is still a stock.
I type in SIAF and used to see the ticker symbol to select from, now I just type it in and nothing. This is probably part of the reason why the OCTBB uplist news didn't have the effect it probably would have the day it happend. SIAF has to be typed in SIAF.ob on yahoo...if you type in just SIAF it shows no stock at all.
I believe in the company's word as everyone should who holds the stock. I can't think of any RTO china stock to uplist in the face of the massive accounting scandals and outright fraud that some of the chicoms have done. To uplist in the face of that should be a sign that the company could handle itself.
HK would of course be the best choice in terms of valuation. Which will also return to the Chinese stock sector, with time.
I strongly doubt a listing in Sweden, unless you guys happen to buy up even more than you already have(say 50% of the company, then the company does what you say as you own the majority).
As far as the HK listing, your guess is as good as mine on that. But I'd say the company is going to devote all its time, money, and energy to the Nas uplisting first.
Next big announcement other than earnings news will be the independent board/audit comm.
They weren't late with the uplist to the OTCBB.
Perhaps by some here who have not been through this process before...the timeline here is VERY predictable.
Now 1 year minimum on the OTCBB before the uplist.
Unless the world ends in 2012 as foretold by tootall, boy did he miss the boat
NO he didnt
let's be realistic here
No one on investorshub turned the sentiment.
Lebed isn't taking credit BTW, he is just stating he said it was a strong buy at .45, thus far he is right.
OCTBB uplist news coming soon
January is my guess
I am still in shock at the number of shares I was able to get sub .50. Short term this is a pretty good trend bucking. I think the Ironridge(and/or other equity financing sellers) is over. Hopefully SIAF will see .60 tomorrow.
Once you lose credibility it is likely gone forever, so yours is as gone as "mr. lawsuit" joenatural.
Sometimes I laugh at some of the BS tossed around here
10:1 R/S split to build visibility? LOL I'd have to seriously consider a short position if that ever occured.
Some stocks do a last minute 2:1 R/S to get the price needed for an uplist...and has worked ut well in the past(before the sector went to crap).
BTW, the guy who owns the majority position(CEO) said no R/S
Since he owns the company, usually his will be done.
As for some people here even considering "fernando"'s comments. How many lost oodles of cash with him on that one with CCME? Or his statement that SIAF didn't own the land it claimed(which he made up) and got rid of one of our more in tuned swedish commentors here.
More of your moronic rants again that have nothing to do with SIAF.
If you feel GS is a scam, great...post it on the GS board, BAC board, MF, or related. Not sure why you come here to post non-related negativity that really has little to nothing to do with SIAF.
I recieved 2 emails today, one from Lebed.biz and one from WSG. Super bullish.
Pushing SIAF hard to his subscribers.
They acknowledge very strong resistance at .50
Strongly agree with your statement there Lucky
I'll will trust his record vs your rant 10 days out of 10.
His record speaks for itself. He doesn't promote just any crapper stock which is why his record is excellent.
Lebed~SIAF~his next HUGE agri play
6x daily volume, 10% increase on the day. Probably more to come!!!
His previous HUGE agri plays went up several hundred % to 2500%.
The trickle down effect began well before the Ironridge deal. PPS drip down is usually a sign of a fund(s) lightening their load.
I did find it interesting the EXTREMELY strong resistance at .50. It'll break tomorrow hopefully.
It'll go higher
I see 50,000 buy lined up at .494
Only thing holding it sub .50 is an ask of 5000 at .498
He pretty much picks nothing but multi baggers if you see his track record.
Feel free to spread the word if you are a paying member.
BOOOOOOYYYYYAHHHHHHH!!!!!
www.lebed.biz
Just went long SIAF!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
buy it up
If only IHUB had an iggy button.
Everytime I see Tootall's posts I just laugh.
Oportunity knocks again
Let it be maniuplated down, if you are not a short term holder or plan on selling soon the low PPS is a bonus to you all. Just take advantage of it:)
Normally when I first considered my investment in SIAF I didn't think of it as a pure dividend play. At .46 the yield from the divy alone is now over 4%. If it goes to .40 then the yield for 2011 is 5%, and 2012 is 10%!!!! 2013 even higher
So let it go down down down, think of it as a positive and use the opp not to sell but to share in the wealth.
If you all remember a few months back
There was a lot of selling pressure in the .70s as well.
Nothing new, pink sheet stocks are easily manipulated.
That wasn't the reason, so the answer would be none.
He plainly stated a few times the reason for it. To pay off the creditors to INCREASE future available credit when the company wants to take out a bigger loan/larger line of credit. Which also happens to be the reason why I used to pay off my loans every once in a while ahead of schedule, because it increased my available credit for the next time I came knockin.
LOL
Did you expect it to be anything other than a whitewash?
The board members, who are all being sued, found that they did no wrong doing!!! I could of saved you the time of reading it to tell you the summation.
Not sure where you get the 62 million O/S from
Scottrade lists the O/S as 66.2, which as I noted went up around 2 million a couple weeks ago.
The more I read, the more I like
This company, I can't believe I was able to buy up as many shares sub .50 as I did the past few days.
Thanks for the shares!!!!!!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8277776
11. Where is the additional dividend for 2011? Are you planning on carrying through?
The additional 2011 dividend is currently being planned and we anticipate it to be announced conditional upon legal clearance and FINRA approval
Well it wouldn't be the first time that someone who recieved a lot of shares sold them at a profit and knowing that they would also be depressing the stock price then try to make money on the other end as well.
Pure speculation, never trust the motives of any fund(this includes JF).
This is a much easier and trendable one to view
http://shortvolume.com/
look up ticker SIAF
So, according to that trend...short volume has increased fairly dramatically since the Ironridge deal.
Per my recollection of a new regulation which used to be front and center on the SEC's website.
Chinese(foreign) R/M stocks must be on the OTCBB for a minimum of one year before they can uplist.
Solomon said no R/S in the CC
And all of you astute investors should already know what happens after a R/S to PPS.
I'd rather no R/S and wait longer on the uplist as opposed to R/S to uplist quicker. When interest recovers in the sector the P/E's will raise.