thanks for posting, and it's interesting... but did you see the graph?!? They have the chart all wrong so that when CAGC split it dropped in value 50%. Pretty juvenile error for CNBC to make. Makes you wonder if Cramer would have recommended it if he saw it at it's 52-week high and not as a dog...
Q2 earnings up 266% This is from a Wall Street On Demand alert I got this morning.
China Agritech Inc announced 2009 second quarter earnings of $0.88 which is $0.72 higher than the prior quarter. This is 266.67% higher than last year's results for the same quarter.
A second alert says First Call is estimating $1.14 EPS for the year. So my guess is that it is very bad timing for First Call, as the .88 for the quarter seems to blow out the $1.14 estimate.