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Take 65%-plus gains on Origin Agritech (SEED)

Today's Financial News - Posted November 23, 2009

Happy Thanksgiving! Our Chinese trend stock Origin Agritech Ltd. (NASDAQ:SEED) soars on excellent news. Time to bag some gains!

by J. Christoph Amberger

Baltimore, MD TFN: A few months ago, we recommended Origin Agritech Ltd. (NASDAQ:SEED) as part of our free TFN Report The 3 Best Chinese Stocks Under $5!

Today, news leaked out that SEED received the Bio-safety Certificate from China’s Ministry of Agriculture. This amounts to the final go-ahead for commercial approval of the world’s first genetically modified phytase corn. The stock has soared 45% since it opened this morning!

Having waiting for those gains to materialize since summer, we’re happy to take the gains. Our TFN tracking portfolio shows 68% profits on this play as I write. I say take gains off the table — then reinvest the money in a subscription of Hot Stock Confidential… where we’ve been cooking 70 gainers just like this so far this year!


Next Article: Take 20% gains on Kahn Resources (KRI) and Cytori Therapeutics (CYTX)

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Posted by J. Christoph Amberger · Filed Under International Investing 

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