Sino Agro Food Inc (fka SIAF)

[prokopton]

The chance of SIAF being another Chinese accounting scandal is plausible, but small from what I know. But I'm often wrong.

My take is that the stock will take off when all the big money are well positioned with the exact number of shares they want. During this waiting game, the patient will accumulate while the weak get flustered, frustrated and fold. I think the market makers call this "shaking out the weak hands."

I own several Chinese plays and one of them is CXDC. It has amazing fundamentals and Morgan Stanley Asia even invested USD 150 million in it. However, the stock price has barely moved. But I'm not selling.

I can see some parallels between CXDC, SIAF and other stocks I've owned in the past.

I think SIAF is a good stock to accumulate for the next few months. Just my two cents.