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slyestjester

12/09/11 1:54 PM

#7787 RE: ccsykes #7783

Great chart, Chad, on volume into these stocks. I agree the problem is a buyers strike in small stocks, combined with China distrust.

In order to remain optimistic in the face of these macro-trends, remembers that those fingerlings and the HU plantation are growing EVERY day. Think of it this way: if SIAF makes its guidance, each of your shares is making around .25 cents a DAY! That's about 15% a month. Where can you beat that short of becoming a loan shark?

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Traderfan

12/09/11 2:07 PM

#7788 RE: ccsykes #7783

Actually I thought the volume is pretty impressive what we mostly have here. For a china micro cap listed on the pinks it definitely is. But of course nobody can soke up millions upon millions of shares on the ask over a period of a few weeks or months just because debt guys want their money back.

One problem I also see is that the swedes already bought that many shares a lot higher and now of course the really big buyer which pushed us up months ago is not here anymore. I guess they won't buy 40% of the company afterall.

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downthehatch

12/09/11 2:16 PM

#7790 RE: ccsykes #7783

Thanks, Chad, for this perspective. I think you are absolutely right.
Low volume, combined with the tax loss selling that happens every year at this time, is resulting in some ridiculously low valuations for SIAF, and others in the Chinese microcap area.

For thos with a long term perspective, its a buying opportunity! Probably will never again be this cheap.
Last time it broke below .50, it was a quick double within a month or two.