AGT Food & Ingredients Inc 5.375% Pfd Restricted 4 Month Hold T.AGTPRA

I had to exit on this little bump

[Triggerman]

Hard to admit when you’re wrong , but the government of India has made it hard to be optimistic and I don’t have the patience to wait for a turn around.  
I do think AGT is managed well but product supply is so massive , it is prob going to take a year or two to correct.

[when2buy]

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[FauxReal]

I'm buying.

[Triggerman]

You have guts.  I like that.  Good luck . agt didn’t fit my style anymore but that doesn’t mean it’s not a buy for someone with a longer term view.  The massive local supply of pulses in India is my main concern. 

[FauxReal]

I'm betting there will be shift to diversify. I like the captain of this ship as do others apparently.

[FauxReal]

You don't spend your life building this and then just roll over to market forces and politics.

[Triggerman]

I’m not sure what you mean by that.  What I am seeing is lower highs and lower lows.  In short , a bearish chart .  Fundamentally , the world market is over supplied for the second strait year in regards to pulses, and pulse prices are extremely low.   Trying to guess where the bottom is for AGT is not a game I’m willing to play. 

[FauxReal]

I'm not sure a chart is going to tell you much at this point. Tax loss, politics, trade issues....all temporary and transient. Buy, put it away.

[FauxReal]

...but do it yesterday.

[Freezerburn]

I did. 

[Triggerman]

I’m glad I dumped instead of doing what you thought.  It was easy to see the glut of over supply was going to cripple this name.  The shorts took over and are not covering.