Sino Agro Food Inc (fka SIAF)

[jyyoo]

I'm curious who has been picking up all the shares. It definitely seems pre-arranged since normally when millions of shares are dumped, the stock price plummets whereas it has held and built a very strong base the past 4 months. And I doubt all of it has been from retail, although it very well could be. What is this now a triple bottom at $.25? With the 100-day only 4 cents away we're very close to a major trend reversal which I would expect the Tri-way distribution announcement very shortly will easily take us through. When's your guess on the announcement?

Most of the people on this board don't agree with me that the price can move very fast even after catalysts ($100M loan, dilution end, Tri-way distribution, cash dividend) are hit within the next few months but I strongly believe as the price moves up it will actually get people to buy more (hard to comprehend for most here who buy when things go lower but there are many people who buy when things go higher, just look at momentum stocks, pot stocks, cryptos etc); Just like how the price decline caused many people to sell SIAF.

As I said before, it's either another "China fraud" and should be valued at $0-10M market cap (basically here already), or they prove its real by paying out cash flows and ending dilution where it should then be worth hundreds of millions and be a 10+ bagger from here. No in between IMO.

It sure feels like they have a buyer for all the last shares on merkur. I think the next couple of months will be very nice.