Replies to post #98522 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

I wouldn't be surprised at all if it turns out later that hedge funds have been shorting OTC China stocks. If it is easy to do for toxic diluters in stealth mode, then why not for hedge funds.

Look at how other OTC stocks have been beaten down. It simply doesn't make sense. I have even seen spoof sellers in recent weeks on the more illiquid stocks.

How else do you explain that, let's take an example, HERB rallied 500% almost 2 years ago in a matter of days. Did we really have a whole bunch of people suddenly paying big premiums? It wasn't even material news, just a small order for hemp. Could have been one massive short-squeeze at the time.

That said, SIAF has themselves to blame for this. But you guys didn't want to listen.

[Traderfan]

I will give you my 2 cents here what happened in the last few days since the news.

1. Yes, we had some people obviously frontrunning and some of them have surely sold mainly on the first day into the rally. I believe quite a few had no intention to immediately sell again because afterall this news should be for the next few weeks and months and not for one or two days since we won't see the impact here until mid or late january. I'm convinced that some who initially wanted to hold, sold because of the overall china crash.

2. What better situation can you have than some news in a china OTC stock with very good liquidity which gaps up big time, during an overall china crash. The news won't have any immediate effect, nobody else will touch anything that's even close to something with china let alone an OTC china stock after it already went from 8 to 11 recently. So yes, there is every incentive to short by hedgies and especially by MM's into this rally on the first day and then some.

3. We have more panic retail selling today again which is obviously a function of the catastrophic china performance yet again last night, but yday we had 90% 100 share asks from 10 different MM's all day long. If anybody thinks that retail is suddenly selling in 100 share lot's on 10 different MM's then he is certainly wrong IMO.

4. Main issue is, they can do anything with the stock. There are no real buyers stepping up here the last 2 days, so if they wanna take it to 6 they will just do that. And nobody can do anything against it. Is there retail selling along the way? Yes of course, not everybody has the stomach to see this going down 10% back to back on 2 days since the news.

5. MAXM is selling ever since the news on the ask with a 100 share size showing. Now I urge anybody here to find out who this guy is. Is it Fredrik shorting against his position? Is it dilution we don't know about? Is it just an off shore short or maybe a regular short? Who knows. Right about anything is possible. The only thing that's clear is that MAXM is not retail, that's hilarious to think.

[iolaplt]

I suspect that this is retail investors who think the China stock meltdown somehow relates. They don't understand that supplying the rising middle class with quality, organic foods is not related whatsoever. I appreciate the great buying opportunity, especially the week before trading begins in Oslo.

[downthehatch]

When the U.S. DJI is down 400 points, you have to expect that there will also be some selling in OTC shares like SIAF.

SIAF does not exist in a vacuum from the rest of the stock market.

Just as SIAF sometimes rises when the market overall is rising, this week it is affected by the downward pressure.