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China Green Agriculture, Inc. (CGA)

NYSE - Nasdaq Real Time Price. Currency in USD
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16.85+0.65 (+4.01%)
As of 2:15PM EDT. Market open.
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  • m
    monty
    Hey...so for you all that can predict the past, lets hear your future predictions :)
  • S
    Steve
    "On April 5, 2021, China Green Agriculture, Inc. (the “Company”) entered into certain Security Purchase Agreement (the “SPA”) with certain “non-US persons” as defined in Regulation S (“Regulation S”) promulgated under Securities Act of 1933, as amended (the “Securities Act”) (the “Purchasers”) in connection with a private placement offering (the “Offering”) of 2 million shares (“Shares”) of common stock, par value $0.001 per share, of the Company. The purchase price per share of the Offering is $7.00. The transaction contemplated in the SPA closed simultaneously with the execution of the SPA."
    https://www.sec.gov/edgar/search/#/dateRange=custom&entityName=cga&startdt=2021-02-01&enddt=2021-04-19
  • S
    Steve
    This is what we call a Chinese Pump and Dump. They sell shares for $7 two weeks ago, then the outfit that buys it nudges the price up with small orders of 100 shares at the ask. The bots move up a little, they repeat, until chasers start to think something is really happening. NO NEWS. When it gets high enough, THEY START DUMPING so that it doesn't tank below $7. This company's financials are terrible. Classic P&D
  • c
    celuis
    Something important has changed in this company. And I think that (although the company is still totally "dark" in the face of shareholders), there are some of these shareholders (probably those close to the managers) who know it, and they are the ones (with their purchases) that make it go up the price of CGA's shares.
    Note that these current purchases are very localized and with a lot of contracting volume. They do not want the share price to rise much, to continue buying cheap, and to continue with their policy of increasing the proportion of national capital in the company.
    Although all that I expound is just my opinion, based (yes) on the many years that I have been (with a lot of patience) being a shareholder of this company; Now I am quite optimistic in relation to the fact that the price of its shares rises to a level in accordance with its very good financial situation, and the high expectations that its business has to have in a country like China, and in an area of the Asian continent with so much population density.
    A "little good" that the management does and ..., the future of this company could not be more hopeful.
    I wish luck to all of us who (with infinite patience) continue to trust CGA
    Bullish
  • D
    DINESH
    I shorted heavily yesterday and rewarded today
    Bearish
  • S
    Steve
    2 million shares sold 2 weeks ago for $7.00.
    https://www.sec.gov/edgar/search/#/entityName=cga
  • c
    celuis
    Big move up in CGA shares.
    It seems that it is finally going to happen, what some of us have waited for so long.
    We have had confidence and patience.
    I think we deserve it.
    Good luck for all of you. We must keep waiting, the best may be yet to come.
    Bullish
  • A
    Anonymous
    Got out at $12.15, made 115%, that's enough.
  • T
    Tony U.
    The runup will end ugly for a lot of investors. RSI is way overbought, and this is now trading at what it was trading about 2 years ago.
    Bearish
  • k
    karl
    Real company with real products in the biggest market in the world, the Chinese government wants them to succeed due to the growing importance of agriculture in China.
  • H
    Hristo
    Just shorted this, looking forward to covering at 9 today
    Bearish
  • k
    karl
    This is a real company with real products , it will trade in high 20s before year is over and that conservative estimate.
  • m
    monty
    with 4 mil shares in float, 1 mil shares trade?? whats happening?
  • T
    Tony U.
    The RSI does not lie, it was at 94 on the daily yesterday evening. This was bound to pop. My advise to you if you are long, get out while you can, because this was a pump and dump with zero positive news. Next support is $7.
    Bearish
  • S
    Steve
    Dumping started.
  • B
    BullRun
    I have worked with the Chinese for 15 years. Good people, but seriously do we really want to trust the Chinese when it has anything to do with food.
  • D
    DINESH
    What’s going on here ?
    Bearish
  • S
    Sandra
    CGA sold 2 million shares at $7/share. Above the current price. Very bullish.
  • Y
    Yahoo Finance Insights
    China Green Agriculture is up 21.29% to 13.16