ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

MAINSTAY CAPITAL MANAGEMENT LLC /ADV's Holding History (CIK: 0001127612)

Note: Option positions (PUT/CALL) are excluded.

Q1 2018

Shares 3,559 Value ($000) $152 Avg Close $34.03 Range $30.52 - $37.91

Q4 2017

Shares 3,635 Value ($000) $164 Avg Close $47.97 Range $33.78 - $56.55

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	3,559	$152	$34.03	$30.52 - $37.91
Q4 2017	3,635	$164	$47.97	$33.78 - $56.55