Origin Agritech (SEED) Makes Forbes List, Stock Up 50%

Posted: October 10, 2007 at 2:52 pm

Marking one of the Forbes "best of" lists is a nice honor. but should it cause a company’s shares to move 50% without any other apparent news?

Origin Agritech (SEED) was listed on the Forbest "Asia 200 Best Under A Billion" feature on small stocks in the region. The magazine shows SEED with sales of $88 million and net income of $13 million.

SEED shares are up 55% at $12, giving the company a $279 million market cap.

Douglas A. McIntyre

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