Origin Agritech Ltd. (SEED) – Starting to sprout?

It was a little more then two weeks ago, that we wrote about Origin Agritech Ltd (SEED).  Since then, the stock has faded under $2 on decreasing volume. That changed this afternoon as a filing hit the wires showing the new CEO has continued buying up shares and now holds over 19% of the outstanding shares.

We will find out tomorrow whether this is the news that sprouts new life on the stock or just a short lived pop. Either way, we like a stock where the CEO is locking up shares... especially one trading near its 52 week low.

Keep Origin Agritech Ltd. (SEED) on watch for the rest of the week.

 

 

 

 

 

Profile photo of jimmybobJimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of optionmillionaires.com, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

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