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jyyoo

06/04/18 12:35 PM

#140416 RE: Redbull84 #140415

I agree with the 100-day, but there is money to be made from $.41 to $.6 if you can be liquid enough to not actually be the one to push it there which is difficult in a $15M market cap stock, but I'm sure there's some that can take advantage of it. The difficult part with SIAF is that there is so much variance in liquidity from day to day, week to week. Some days you can be trying to buy $10K and can't get any shares without going at the ask and having it run away from you every time you hit it, and then when there's dilution your bid gets gobbled up like it's nothing. No one knows when the Solomon spigot is going to get turned off but technically speaking it seems to be drying up, or the cash dividend policy has helped absorb it and if that's the case, then these buyers will run out of shares to buy without pushing up the price very significantly when the $.55 batch is through (which might have already happened, fingers crossed). And I've always said, once the price starts actually moving upwards, people will buy because people love greedily chasing price up and fearfully selling down.

Ha, and touche. Technical nightmare for anyone trying to go long, technical wetdream for the shorts.

zerohedge

06/04/18 9:14 PM

#140424 RE: Redbull84 #140415

why don't you just look at a weekly chart and realize that its a LONG TERM SELLING OPPORTUNITY