Sino Agro Food Inc (fka SIAF)

[Broke_Broker]

why is SIAF Share price seem to stall over the past few days?

SIAF went up 90% in 2 months. It's of course great to see but no one should be surprised about a bit of correction. After it went up 100% last time, we saw a 6 month consolidation period before it went up another 100%. Also note that the share started it's second journey up without the need of additional news or triggers.

Have a look at any other chart where a share have sky rocketed. There are always multi-month periods of consolidation. This is nothing strange and not something we should be surprised about.

If SIAF is on track with the FN application, that could easily become our next big journey up. Nothing has changed on this since the last CC where they mentioned it may happen this month (application, not listing).

Some people here expects a PR regarding the application alone but my bet is that we won't get a PR until the application has been approved and the company is guaranteed to list on FN.