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China green agriculture (CGA) marching onwards and upwards

November 19th, 2009 · 1 Comment

Another one of our puppies with strong results..
We adviced to buy at $6.50 on June 9 of this year. They have now risen more than 150%. Last week, quarterly results were out here, and these spoke for themselves (look at these improved margins, for instance..). Guidance was increased as well. The shares rallied 27% today on news of VAT exemption for their fertilizer. We advice you to just sit on these shares, unless you want to try your luck at swing trading. While the price is often volatile (with little if any logic), the company is steadily improving…

Tags: CGA

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