The pure anouncement of earnings release moved this stock by 14%.
I have seen this very often.
is there a possibility to unite CGA's management with the shareholders for a uniteted action. Has anyone a good relationship with the stewards of our money. I'm hungry for more invetments in this healthy company, but I'm still miss a strong signal from Tao Li.
You are right, but the short numbers for NAsdaq are:
12649 are 30% of Nasdaq trading,
If we see at Finra daily short more as 50% for today, we can break them the neck.
The short sellers done a lot of manipulation during the past 2 weeks. With Q3 results ahead it can be an atomic bomb shortly before exploding.
They are stealing the company for 1,2$. Agria has the majority of PGW . PGW is a NZ based Agrar giant with 1 Billon in revenue and a 125 years old company. . Adam Lai only wants to make us nervous and graceful that we receive this lousy 1.2$ per share.
Shortseller were very active the last few days. Look at Finra daily short interest.
They are afraid of the high possibility that we break the 1,4$ wall today. Yesterday over 50% short selling.
After 2 years of zero fertilizer growth Chinese soil is hungry for NPK. Together with Jinongs Humic Acid and the raising UREA price CGA has a pole position. It's to fullfill the promise "rewards for the shareholders"
Sentiment: Strong Buy
Hopefully a aaceptably share price is on the agenda this year. I' could be a good time to add some capacity through Mergers and Aquisition. 5 Years ago they added Gufeng and paid the Deal with shares. Therefore a proper share price is in the best interest of the company and its shareholders. It's time grow faster
There a few good investing opportunities.
I own CXDC,CGA and GRO.
CXDC and CGA have PEs of 2 and much potential upside. Perhaps potential 10baggers
GRO has 20% potential for the next 3 month because of a Going Privat.
Better to a china investment in more baskets.