Tuesday, August 11, 2009

China Green Agriculture Already Hit Full Day’s Volume (CGA)

China Green Agriculture, Inc. (NYSE/AMEX: CGA) is farther from our normal coverage.  But a concealment this morning had it bumping against 52-week highs of $14.00 on player volume.  At 10:20 AM EST we have shares up 4% at $13.80 on 577,000 shares.  Average volume is 570,000 shares and the 52-week range is $1.84 to $14.00.  The market container here is exclusive $257 million and a further analyse shows that that this one has traded over 1 million shares on 11 of the last 12 days.  This volume signal haw have been noise, but in those aforementioned 12 life shares have gone from under $9.00 to the current price. -Jon C. Ogg


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