Sino Agro Food Inc (fka SIAF)

[viking86]

Options are indeed often an almost unfailable indicator of some pending major short attack (or reversely a pending buyout offer) if the stock is optionable. They not only offer lots more leverage than commons ( translation: millions more of profit) but also a discreet way to exit the huge position without driving the stock price up or down much vs. directly buying or selling large amounts of common shares within a very short period. That again translates into more profit without raising many eyebrows as compared with having to cover against a rapidly rising SP often known as a shortsqueeze.

Clues to watch for an imminent short attack are: sudden waves of OTM calls selling (often chasing up the bid) followed by equal big waves of buying puts (chasing down the ask). These waves are sure signs of an imminent hitpiece that will be almost immediately followed by rapid closing transactions of the above options positions. Then followed by weeks or months of happy trading by retail ambulance chasers ...

Many here may remember the recent spectacular action by SEC against HOGS insiders trading an info leak of a buyout that was announced a week later to the public. Guess how SEC became aware of that? They got tipped off by the Chicago Options Regulatory Surveillance !

I just hope that SIAF will not offer options anytime in the future b/c that opens doors to many possible short attacks that will destroy the stock.