Great news!!! I did some research and found that Lebed's contracts typically run for one month. SIAF's is a rare exception having received a 6-month contract. Apparently, Lebed has faith in it or otherwise why not just take the money and run.
Following is an update from WSG. What's ironic is that WLOL (Lebed's previous pick and also a China smallcap) has 199M share O/S, an EPS of $0.01, and is trading at 49-cents. Ridiculous!!!
December 13, 2011
Wall Street Grand Report
Congrats everyone!
We couldn't be happier with our New China pick from last week WLOL. WLOL continued to move higher today like we expected and hit a high of $0.495, up 84% in one week! Not bad for some easy profits before the holidays! We told you we wouldn't let you down!
Once again, congratulations and we hope you didn't get too greedy!
We are on a lookout for another quick gainer before the week ends so keep an eye out for a new breakout pick.
Our last pick had a good start and we are excited to follow it in the upcoming months for some potential steady gains.
SIAF traded a over 1.4 MM in volume yesterday and hit a high of $0.53. Even though it had some good upside it seems like there is definitely some resistance in this one and it may take a little bit longer than expected to have the big breakout we are hoping for. We can't believe how undervalued it is and we hope you have started your research. If you missed our first alert please read below and look out for more information in the near future.
Yesterday's alert-
"Hurry and pull up SIAF currently trading at $0.45 per share with 62.4 million shares outstanding giving the company a market cap of $28 MM.
SIAF is trading near its 52 week low of $0.42 and has been as high as $1.66 in the past year. We believe like many China stocks SIAF has been oversold and is now trading at we believe to be extremely undervalued levels.
In our opinion, SIAF is positioned to make a huge run in the near-term and we think has the potential to become a major success over the long-term.
SIAF is an integrated, diversified agricultural technology and organic food company focused on developing, producing and distributing agricultural products in the Peoples Republic of China. The Company intends to focus on meeting the increasing demand of China’s rising middle class for gourmet and high-quality food items. Current lines of business include the manufacture and distribution of beef and lamb products, fish products, bio-organic fertilizer, stock feed and cash crops.
SIAF has strong fundamentals and just announced 36% revenue growth for the 3rd quarter!
From our understanding, SIAF now has revenues over $20 MM!
The increase was primarily due to the increase of revenue and performance generated from the fishery, cattle farm, beef and the maturity of other sectors’ businesses improving their revenues even though the Company discontinued the dairy segment effective January 2011.
Two HUGE catalysts that caught our eye when researching SIAF were the fact that the company has issued a dividend to shareholders which proves its credibility and the fact that they are taking the necessary steps to uplist to the Bulletin Board in the near future. Check out this press release here - http://finance.yahoo.com/news/Sino-Agro-Food-Inc-Actively-bw-3447997452.html?x=0
Do NOT waste any time and start your research on SIAF immediately!
Could you please call your buddies over at Lebed.biz and tell them that we have 90k shares on the ask at 49 cents. I'm sure they are delighted to take them since the stock is that cheap right.....where is all that buying from his followers anyway?
I recieved 2 emails today, one from Lebed.biz and one from WSG. Super bullish
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