InvestorsHub Logo
Followers 474
Posts 40471
Boards Moderated 1
Alias Born 02/18/2007

Re: Lucky Loser post# 29001

Wednesday, 02/06/2013 2:31:56 PM

Wednesday, February 06, 2013 2:31:56 PM

Post# of 163719
Well obviously if you are trading at a PE of 1 or far below for a year or how long, clearly most people out there don't trust the numbers. When I say scam I'm not saying there might not be some operations. I'm talking about the fact that people don't trust their numbers, their margins and this stuff. These pictures tell me nothing. Who cares if the stuff seen belongs to somebody? That doesn't tell me anything in terms of how big the company really is. I would even say these pictures decrease my confidence not increase if I would need to pick a side.

If you furthermore look at facts like that the Swedes and this board bought 95% of all shares that got diluted in the last 2 years and the company is still trading at these levels, it gets even more clear that everybody else besides those mentioned thinks SIAF is not fully legit.

And then while I'm at it. Companies which had numerous scam accusations in the last 2 years like for example CGA which was discussed here recently, still trade at about 3-4 times the valuation of SIAF, what does that exactly tell you? I think the answer is obvious.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.