Sino Agro Food Inc (fka SIAF)

[Traderfan]

I'm sorry but I totally disagree here. This stock didn't drop because of Gold (like somebody posted here) and certainly not because of any Eurozone woes. This stock doesn't correlate at all with the overall market. It's a completely story driven micro cap like many others out there.

I have a dozen micro and small caps on my screen which were up today so definitely not ALL went down because of the Eurozone problems. The stock was extremely overextended here at these levels (it just went up too fast too high) and apparently the swedes think alike and that's why they haven't bought anything today which was obvious from the get go. It's important that the stock breathes a bit otherwise it's unhealthy. Volume was light and that's good to see.

All IMO and people can certainly disagree with me here but just look at the chart and it becomes obvious.