Sino Agro Food Inc (fka SIAF)

[viking86]

yes, it may pull back a little but the run seems to be as powerful as the two runs back in July and late Aug last year, starting at 34c and 40c respectively and reaching highs of 70-73c within just a few weeks (see chart below). The main difference compared to last year is we have now an even stronger catalyst and expectation with the FN listing. Also it seems that we have 99% exhausted the oversupply of shares (16m new shares since Mid Sep with a huge unexpected last tranche of 3.6m shares isssued on Dec 21 that probably took another 3-4 weeks to get absorbed since late Jan'13/early Feb. when we all thought it would be over). So I think the stock may rebound quickly to near 0.70 by the end of next week based on past patterns.

Now that's Punch 1 of Solomon's recent PR designed to take the stock from 0.37 to presumably above 0.65. If his s/h letter is well received the week after next week, we may see Punch 2 that would hopefully take the stock further to the 80c+ range just ahead of the FN listing. So I see Monday's PR as a premeditated 1-2 Punch to ensure a smooth and successful FN launch, not so much a spontaneous decision. JMO

http://www.marketwatch.com/investing/stock/siaf/charts?symb=SIAF&countrycode=US&time=8&startdate=1%2F4%2F1999&enddate=7%2F27%2F2012&freq=1&compidx=none&compind=none&comptemptext=Enter+Symbol%28s%29&comp=none&uf=7168&ma=1&maval=50&lf=1&lf2=32&lf3=0&type=2&size=2&style=1013