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Origin Agritech Limited (SEED) Message Board

  • eastmoorbartender eastmoorbartender Feb 26, 2013 7:34 AM Flag

    More on SEED's new,share repurchasr program

    Investors should focus on the significance of the share repurchase program
    signaled by the filing of a Form 6-K yesterday.
    SEED.s CEO and other top management have been very-large buyers of the stock
    and now own over 40% of the shares with a compelling reason to want SEED stock
    to go up A LOT.
    We expect the initial share repo program to buy in about 3 MM of the 23 MM shares
    Good news and lots of it is expected to follow.On its May Quarterly Conf Call we expect
    management to indicate that it expects strong,positive earnings and cash flow for the
    year.We expect some of the cash to be used in an expanded,share repo program.
    Management now wants SEED to go up and it will.Enjoy the ride

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1.22+0.03(+2.52%)Feb 10 3:59 PMEST