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Yongye International (YONG): Is Their Story Too Good To Be True?
great analysis. I became aware of the company based on a Morningstar Report and what immediately made me suspicious was the following line regarding their product
"Used in conjunction with regular soil fertilizers or animal feeds, fulvic acid is marketed to promote better cell development and improve nutrient intake for plants and increase animal immunity to diseases. These claims are verified by local regulatory authorities. At this point, the company has not conducted its own research about the scientific validity of fulvic acid, but said various studies in the United States have been conducted."
Now thats a red flag if Ive ever seen one.
Any thoughts on China Gerui Advanced Materials Group. This would seem like a company that is much easier to gauge.
Mar 6, 2011. 03:06 AM
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