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down 98.93 %

AGFEED INDUSTRIES (FEED) rated Buy with price target $26 by Maxim Group

Posted on: Wednesday,  Apr 23, 2008  9:25 AM ET by Maxim Group

Maxim Group rated Buy AGFEED INDUSTRIES (OTCBB: FEEDQ) on 04/23/2008, when the stock price was $19.75. Since
then, AGFEED INDUSTRIES has lost 98.94% as of 04/10/2014's recent price of $0.21.
If you would have followed this Maxim Group's recommendation on FEEDQ, you would have lost 98.93% of your investment in 2178 days.

AgFeed Industries, Inc. (AgFeed) is engaged in the research and development, manufacture, marketing, distribution and sale of pre-mix fodder blended feed and feed additives primarily for use in China's domestic pork husbandry market. AgFeed operates through wholly owned subsidiaries, Nanchang Best Shanghai Best, Guangxi Huijie, Shandong Feed and HopeJia. On June 24, 2008, the Company acquired premix feed company. On January 3, 2008, the Company acquired a 70% interest each in Wannian Xiandai Animal Husbandry Limited Liability Co. (Wannian), and Jiangxi Huyun Livestock Co., Ltd. On January 4, 2008, AgFeed acquired a 60% interest in Ganzhou Green Animal Husbandry Develop. Co., Ltd. On January 7, 2008, it acquired Gang Feng Animal Husbandry Co., Ltd. On January 9, 2008, the Company acquired a 55% interest in Yichun Tianpeng Domestic Livestock Farm, Ltd. (Yichun).

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/23/2008 9:25 AM Buy
19.75 26.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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