InvestorsHub Logo

hebercreeper

11/14/13 9:42 PM

#94574 RE: Traderfan #94573

I have not looked at SIAF in some time. I think it's a nice story & jives well with the rise of the middle class. Organic foods & aquaculture certainly should have demand in China. One thing that gives me pause with SIAF has that cult element of die hard retail support.

I couldn't keep up with the issuance/retirement of shares (all while paying a dividend) so I chose to ignore this name. I suppose I went along the lines of not investing if I can't understand it.

If they can list on Nasdaq, that's pretty impressive.

Maybe there has been (and I'm unaware) but I question why no Chinese/US PE involvement, even if only to take private.

My thoughts are likely based on prior bias/perceived knowledge that may be completely off.

Recently, it seems the more profitable route in this space is to throw any prior knowledge out the window and play the momo.

I have been ice cold recently. Chart shows it certainly can be utilized as a nice trading vehicle. Very impressive volume for an OTC name.