Sino Agro Food Inc (fka SIAF)

[ValueInvestor01]

You said "Bubbles move in an upward tend are created from HYPE." And does it make efficient to you? The keyword in your sentence is "HYPE" which is based on emotions and not logic.

The main idea of Efficient Market Hypothesis is that all the participants in the market are rational beings, that they all have the same skills and informations to decide whether the assets in question are cheap or expensive which is absurd.

I believe that the market does an excellent job to reflect the intrinsic value of an asset but NOT ALWAYS, bubbles is one example of this concept.

I believe SIAF deserves to be criticized based on its performance these past years. But I also do believe that people are just overreacting to it, thus driving the prices lower than it should be. It's just like a bubble, but this time it's on the opposite trend. it's still an inefficient market.