(Before this post goes any further, realize that this is a HIGHLY speculative name with an all-too-cute ticker symbol. Not at all for the faint at heart.)
AgFeed Industries Reports Record Fiscal 2007 Financial Results, Growth in Net Income of More Than 450%, Affirms 2008 Financial Guidance
Wednesday March 12, 6:00 am ET
AGFEED AFFIRMS FISCAL YEAR 2008 FINANCIAL GUIDANCE
-- Revenues are estimated to be about $135 million which would representhttp://biz.yahoo.com/iw/080312/0373673.html
an approximate increase of over 250% from the previous year.
-- Net income is estimated to increase by around 350% to approximately
$30 to $33 million over 2007.
-- Earnings per share (EPS) on a fully diluted basis would be between
$0.96 and $1.10.
This is the kind of stock that might or might not take off today, depending on if the herd piles in or not. Kind of like a GSOL yesterday. Only for the hardcore trader, you'd have to be seriously quick getting in and out.




1 comment:
Pretty impressive action today, never really pulled back, just went higher.
Up 24%.
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