Replies to post #155115 on Sino Agro Food Inc (fka SIAF)

[ks1977]

no matter how cheap it is

Yes, Solomon has shown to be very skillful in being able to make the stock cheaper and cheaper :-(

Garret also has a large stake in SIAF already, and he might not want to increase the stake - especially not until he has seen reliable evidence that Solomon's ears have started to work...

[downthehatch]

To say of someone who owns 2.8 million shares (5.7% of the company), "nobody wants to own the stock" is a little unfair.

One can hardly blame him for not wanting to buy MORE shares at this point, just as early investors in Uber decided to pass on the IPO, when they decided that they already owned significant stakes.
(As reported in today's WSJ)