Sino Agro Food Inc (fka SIAF)

[Broke_Broker]

I think it has little to do with that PR. Sure, there were some disappointments about the delay but enough to push down the share price below P/E 2? Hardly. The trend down started even before the CC so that wasn't the trigger either.

When we were trading at $4-5, we had excessive dilution and the market valued SIAF as a total scam. Are we heading back down there? I seriously doubt it. I didn't expect we would see single digits again on the other hand.

I missed the dip below $10 both today and yesterday. If this doesn't happen a third time today or tomorrow, my bet is that we will never see it again. Call me an optimist.

Edit: Looks we are heading there in a matter of seconds now. Unbelievable.