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2 billion people need to eat something. Food prices will continue to go up, and this stock should too.
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According to Peter Schiff (you can watch the video in the column to the left), this is NIA's latest pump and dump scam.
If so, perhaps I can end this pick in the green from 2 years ago.
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Don't know if it will go much lower. Speculation is the caveat
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It will come out of the slump
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Hi Score Low Accuracy test
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They have 176.61M in cash with only 2.61M debt with a market cap of 120m. They are in the agriculture field of a large emerging market that is in constant of food. Speculative pick.
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Pure speculation here.
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because it will
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Betting it on a bounce
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all eyes on china
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Right products for a growing economy.
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China Agriculture - Beaten down industry, growing market
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I'm betting that agriculture will rebound in the next 1 to 2 years, especially in China, where I suspect that the standard of living for the growing middle class will rise.
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Betting on a bounce.
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China has a lot of people. Those people need food. Agria makes food. What can possibly go wrong?
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Chinese small-cap agritech penny stock, ready for a double.
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Essentially no debt, high quick/current ratio's. Same reasoning behind picking FEED (major competitor), as China becomes more prosperous, its people will eat more meat. This guy has been beaten down by investor fear, I don't think it'll be anywhere near $2 in 3 years.
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Speculative Chinese agricultural play.
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