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TwosComplement
 

Registered: Apr 2012
Posts: 9

 

08-11-12 01:56 AM

Take a look at the intrinsic value of AGA. The ratio of current price to NAV is the highest since I have been tracking it (3/12.) According to my calculations, the ratio reached 144.37% at the close today. The implication is that investors are forecasting a top in Agriculture Commodities and have overpriced the ETF. I am not trading this, but would like to expose the gap and open discussion.

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