Sino Agro Food Inc (fka SIAF)

[jyyoo]

IR said "the plan is to actually file the 10K on time this time" Though that's usually always the plan. That was last week. I'm obviously a buyer for more than a short term bounce because I think we're very close to loan news that will completely break the long term trend we've been in. A long term break in trend after such news would make sense too because fundamentally the company has been stuck relying on equity financing as opposed to traditional debt financing. Then there's the potential catalyst of clarification on Loan 1 this or next week with a potential reduction in shares. Combine that with any short term bounce and it should be an interesting week or two..

Now after today I think there is a good chance for one of these bounces we have seen in the last few months within the downtrend. Going to be exhaustion volume to the downside today and without bad news of any kind, there might be a bounce soon.