Converted Organics

Fertilizer Stocks January 14th, 2008

I’ve been in and out of a micro cap organic fertilizer company lately called Converted Organics. I currently own it. COIN is the symbol and its been absolutely flying lately. Its not something to buy fresh here, but I wanted to bring it up as a stock to watch in case it pulls back.

Converted Organics, Inc., a development stage company, intends to manufacture, sell, and distribute natural soil amendment products combining nutritional and disease suppression characteristics. It uses organic food waste as raw material to manufacture soil amendment products. Converted Organics plans to sell and distribute these products in the agribusiness, turf management, and retail markets.

COIN Breaking upwards

Stocks that act like this tend to have further upside. Considerably so, but it could come much later down the road or the move can be immediate. However, if there was a sweet spot for this business it is now.

Check out their website and keep COIN on your radar.

Does the cost of Natural Gas affect the cost to produce organic fertilizer in anyway? I’ve been trying to research this online, but haven’t found the right info yet.

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