Citron Reports on Origin Agritech (Nasdaq:SEED)

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Be Careful with your SEED Capital

One of the great movie thoughts in history comes from the classic Night Shift, when an offbeat Michael Keaton suggests: “Wait a minute! Why don’t they just mix the mayonnaise with the tuna in the can… HOLD THE PHONE ! Why don’t they just FEED the tuna fish mayonnaise?!
A good idea, but hardly groundbreaking. Citron recalls the classic “peanut-butter-and-jelly in the same jar” story of Nitromed (NASDAQ:NTMD) which claimed a breakthrough drug that was made up of two available generic drugs. Needless to say, despite the advice of numerous analysts, it was an utter disaster for stockholders.

Introducing Origin Agritech, (NASDAQ:SEED) Read more