Welcome To the Stock Synergy, Momentum & Breakout HUB On AGORACOM

Edit this title from the Fast Facts Section

Free
Message: Klaus..feed

found this from Seeking Alpha article...maybe that's why it popped...

Buy Agfeed Industries Inc. (FEED) is engaged in the animal nutrition and commercial hog production business primarily in China. The stock rose 21% during the week and is down 50% YTD. FEED trades at a forward 4 P/E while revenues are up strongly, up to $93 million in the latest reported March 2011 quarter, which is a 100% increase year-over-year. Unlike other China small-cap companies plagued by fraud allegations regarding even the existence of their basic operations, FEED has a U.S. subsidiary, M2P2 LLP, that is a key supplier to Hormel Foods Co. (HRL) and is one of the largest pork producers in the U.S., with an annual production capacity of 1.3 million hogs. Only one analyst, Rodman & Renshaw, currently covers FEED; it has a Market Outperform rating and a $3.6 target on the stock, well above the current price in the $1.50s.

Jul 19, 2011 11:16AM

Jul 19, 2011 11:32AM

Jul 19, 2011 12:05PM

Jul 19, 2011 12:16PM

Jul 19, 2011 03:10PM
Share
New Message
Please login to post a reply