Replies to post #115374 on Sino Agro Food Inc (fka SIAF)

[Lucky Loser]

http://www.online-stock-trading-guide.com/advanced-order-types.html

[RealDutch]

Prearranged trade. Deal between 2 market makers was probably made before the open. For $2.60.

Had we been in the middle of a dumping episode then you would see a discount. Something like $2.30. Because the market makers will then short the stock. Anything sold for a price higher than $2.30 would be a profit for them. Because they cover for $2.30 afterwards. Also prearranged.

But this deal was between 2 market makers before the open. More inventory being swapped. Perhaps BMIC bought it before the open to cover some.