China Growth Stocks

[GumSaiLay]

CAGC - Since less people follow this

Not pumping just giving information if anyone is not aware:

1. The company is engaging a Big Four with the announcement of a formal contract following the Q3 earnings release on Monday

2. I'm also not a fan of Garreth Tang but his contract was supposedly up as of Oct 16th.

3. The P/E is higher than most of our stocks, but understandable considering the involvement of the Carlye Group and Sinofert. And whether anyone agrees that it should have or not, the stock did run up to $30 earlier this year and $18 in August.

4. Current short interest is 4.4 million, last time the stock flew to $18 the short interest was half of that.

5. If you look at price action last week, someone was accumulating big time, with big spikes in the stock on volume and then small trades trying to push the price down, finally whoever was trying to keep the price down started giving up.

Link to the Big 4 PR released a couple weeks ago:

http://www.prnewswire.com/news-releases/china-agritech-inc-provides-corporate-updates-104587464.html