tblakeslee

American Vanguard Corp.: Profit From Bad Agricultural Policy

Your rosey description of AVD ignores the real reason it has been falling. Most of their products are very dangerous chemicals that they purchased the rights to for a song from companies like Dow chmical who unloaded them to get rid of the liability risk. Read the 10K for a list of some of the pending lawsuites. Some of these pending lawsuites could easily bankrupt the company.
For example, from the 10k: "The suits pending in Nicaragua that name AMVAC have been filed on behalf of approximately 3,592 claimants. Each of the Nicaraguan plaintiffs claims $1 million in compensatory damages and $5 million in punitive damages."
One case is coming up un Los Angeles on July 30. They specialize in nasty chemicals that nobody else wants to risk selling. Anyone buying this stock should know about these significant risks and the moral implications.