Today (31 Oct 13), Golden Agriculture stock found itself in the top volumes list with a good showing at a closing price of $0.59. To me, looking at Golden Agriculture stock in the top volumes list reminds me of quite some time back, when Golden Agriculture stock keeps being featured in the top volumes list. Then, the Crude Palm Oil (CPO) prices went south; there was a stockpile of CPO which results in the CPO prices heading south that in turns results in Golden Agriculture stock to reach as low as below 50 cents in some instances.
Being right back in the top volumes list with a good gain in stock prices today, I wonder whether the CPO industry has recovered. Will Golden Agriculture stocks be heading north to 68 cents, 71 cents or even as high as 83 cents? I do not have ready answers on the above, ......
