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American Vanguard Corp. Message Board

  • vetro00 vetro00 Dec 12, 2012 9:57 AM Flag

    Avd down 10% today and Up 4% yesterday

    Has anyone found any news on American Vanguard Corp? I couldn't find anything on AVD this morning. Thanks.

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    • One analyst issued a strong buy recommendation and mentioned the competition that should be coming on by mid 2014. Every segment of every successful company has legitimate competition but as has been the case un the past the low volume combined with a specialist based trading system produce this nonsense.

      I am one of this company's biggest supporters but also objective and fair. For this company to still be at the mercy of a specialist based trading system is pathetic. If a company does 5 million shares a day it is a non issue. But with a company with low volume and huge price appreciation you get exactly what we are seeing and it is a shame. This company needs to be listed on the NASDAQ.

      Sentiment: Strong Buy

    • Maybe we are missing something, but I bought some short term calls this morning. I don't normally do that, but without some news coming out later today, I can't see what caused this move.

    • small float; big boys can push this around at will.

      Sentiment: Hold

      • 1 Reply to nyserdafiles
      • Thanks for all the replies.

        The 10% drop maybe related to this short note from seekingalpha:

        Wednesday, December 12, 3:15 PM Despite keeping a Strong Buy rating on American Vanguard (AVD -9.8%), Feltl & Co. notes the ag product company's unique niche in the corn soil insecticide market could come under threat as "several major companies may soon enter or significantly expand their offerings... the possibility of looming competition on this front may start to weigh on the stock."

 
AVD
13.91+0.31(+2.28%)May 25 4:02 PMEDT