Replies to post #144076 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

Be careful when trading it. They may issue shares to employees ahead of announcing the Record Date.

[snow]

Red The same seems to go for buyers on the otc. The interest in buying shares right now is strange in view of the 650,000 shares that can be expected to enter the market very soon.

[jyyoo]

The market was up because they printed the new O/S meaning they have already issued the 650K shares. Just look at the volume on Aug 16, 17 and 20. You said it looked like retail selling but it was just the 650K. That being said, there can absolutely be more shares printed but it has been dying off recently, and to RD's point it makes sense to stop soon before the Tri-way ex-date. What dumping we have seen very recently has been absorbed nicely. Technicals improve by the day as we've put in a very nice base here over the past 3 months. It looks like we may build until around $.35 and I'd bet some sort of news (Tri-way ex-dividend date, financing, annual meeting layout w/ O/S cap, cash ex-date) takes us through and then we're off to the races.