Replies to post #121189 on Sino Agro Food Inc (fka SIAF)

[Redbull84]

But it's more likely that there is something in the small print that allows them to sell the shares at some point

Yes, this is what I think too.

[andrewflying]

Maybe your 5 day moving average theory is correct. It seems to me that someone is defending $1.38. This morning, whenever someone sold to $1.38, there was a new 3500-share bid @$1.38 placed. I saw this at least three times. Then the price began to tick up. Maybe the sellers gave up.