AGM is loosely speaking a financial stock, which wreaks of uncertainty in the greater Western world.
It also still holds a large chunk of derivatives, and mark-to-market rules require AGM to include their derivative gains/losses in quarterly earning statements. Right?
IMHO, AGM suffers with all financials due to the high level of uncertainty in European and North American economies, stock markets, and derivative markets.
That said, I still like AGM due to farming being one of the few market sectors that is certain to continue showing growth in the current economy.
'peeker
ps> I don't currently own AGM but have a stink bid in right now.
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