Spike Alert: AgFEED Jumps on 9x Volume

Posted in General 
October 3rd, 2007

by H.S. Ayoub, DMD
Volume Spike Investor

Shares of AgFEED Industries (FEED) gained almost 7% on Wednesday as 9x the 3-month daily average number of shares traded hands during the day.

There were no news releases or other significant events that could be detected.

AgFeed Industries is a U.S. company with its main operations in China. AgFeed is a public company listed on the NASDAQ Stock Market in the United States. Through its operating subsidiaries in China, AgFeed is a leading manufacturer, marketer and distributor of premix animal nutrition products targeting China’s growing animal feed market.

Shares of AgFEED closed at $8.34, after making a new 52-week high of $9.25 on Wednesday .

AgFEED has made VSI Watch Alert List, and will be tracked for the next two weeks.

Source: VSInvestor.com

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