Replies to post #9589 on Sino Agro Food Inc (fka SIAF)

[Ecuador]

The share price obviously dropped today, even though on a limited volume. I would say that the reason for todays fall is quite simple – there were no buyers. I find it quite reasonable. However, starting to speculate about possible shorters and declare that there must be some share dumping’s based on 10’ to 20’ on ask, is just nonsensical. That’s even a quite small amount of shares representing a private shareholder.

[weeblewobble09]

it can't go up everyday. 60 cents to $1.05 is quite the 5 day move. I would expect another day or two of weakness before moving higher.

Will earnings be next week, or the following Monday?

[emergingmarketinvestor]

Well it should create a good buying opp again.

The stock dropped today due to the "Eurozone" issue which is why pretty much everything was down 2-5%. Nothing escaped today short of bear market ETFs.

It dropped on very light volume which usually indicates there are no serious buyers or serious sellers...that usually means that it will rise back up on smaller volume as well.

I'm not concerned much, just that the 10K gets filed by April 15 and the rest will take care of itself.

[hyperboy262626]

Swedes have locked this stock up waiting on good news ....and with the dividend, spinoffs and IPO... hummm
Today was a first ...a 10% drop on 100,000 shares of a company with 66 million shares outstanding. You just don't see that every day. SIAF trades like 2 million or so shares are available in the free trading float.
What do you guys think? Float analysis?
This is the way the stock traded when it climbed to $1.80
Is Lee cancelling shares? Treit?