Replies to post #10385 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

Traderfan, I think we have a lot of misunderstandings here now.

I don't think Solomon meant the shorts are responsible because they shorted the stock. Just shorts in general, and their activity.
I hope.

OTCBB does report short interest, here.
Scroll down and enter "SIAF"
http://www.otcbb.com/asp/OTCE_Short_Interest.asp
There are 17k+ shares short now, up 7k from two weeks earlier.

[Andrew26]

You are right about the shorting for sure, CEOs should talk about it. That said, I saw heavy shorting in certain days so its a partly a reason.

But the main reason is selling out the shares that were given out in compensation or for financing. We had Iron in Dec-Feb, then BMSS seller. These have huge impact on the market midterm. Of course once shorts see there is a heavy seller that doesnt uptick, they go and undercut him on ask and see what comes (as happens with BMSS).

There are a lot of forces on market, its always about supply and demand but analyzing whats behind every part is a bit hard. But from what I saw the really biggest reason to hold off the PPS is selling shares from financing/compensation.

On a positive note, this market managed to eat up most of Iron + that BMSS seller in pretty respectable period of time and we have seen a spike to 1,05 in the middle of these two. So one can clearly see the pressure to the upside.

SIAF could get really big in PPS/valuation once there are no more shares from financing + SIAF posts huge numbers/positive cash flow/pays larger dividend + we list on AMEX/Sweden. That should be a great mix to come.