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I agree that TWE looks like it's been sold down irrationally ("oversold"). Maybe some insto's anticipate lower wine sales due to financial strain. TWE hasn't noticed any change in buying pattern yet.

TWE has sold some of it's lower quality vineyards after buying water rights to make them more attractive to sell. It's also shutting down a lower quality wine production facility.

Edit: No indication that China will reverse it's exorbitant wine tariff yet.

[QUOTE="peter2, post: 1235327, member: 13908"] I agree that [B]TWE[/B] looks like it's been sold down irrationally ("[I]oversold[/I]"). Maybe some insto's anticipate lower wine sales due to financial strain. [B]TWE[/B] hasn't noticed any change in buying pattern yet. [B]TWE[/B] has sold some of it's lower quality vineyards after buying water rights to make them more attractive to sell. It's also shutting down a lower quality wine production facility. Edit: No indication that China will reverse it's exorbitant wine tariff yet. [/QUOTE]

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