A Case of Panic Selling...
The recent news of the demise of the "cartel" structure governing potash production and sales has caused a dramatic selloff in all the related names in the sector. Potash Corp of Saskatchewan (NYSE:POT), Sociedad Quimica y Minera (NYSE:SQM), Intrepid Potash (NYSE:IPI) and Compass Minerals (NYSE:CMP), have all witnessed a sharp decline in price - with some companies down more than 20% in one day.
I believe that one company is not like the others and have elected to put my money where my mouth is. That company is Compass Minerals. I had initially begun my research into Compass several weeks ago, and was lamenting the fact that...
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