Potash Corp: Dynamics of Supply and Demand Drive Earnings Growth [View article]
As another note, I would be very cautious with trading POT today. I think the day-traders are going to whip-saw this stock all over the place for the rest of the trading day. Once the volitility settles down a bit, there should be a good opportunity to ride POT to $300+. David White is also on target with the positive effect of AGU's earnings report. That along with the catalyst of POT and the Steel Workers (miner's union) coming to agreement soon on a new contract, POT is headed up, as it should.
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As another note, I would be very cautious with trading POT today. I think the day-traders are going to whip-saw this stock all over the place for the rest of the trading day. Once the volitility settles down a bit, there should be a good opportunity to ride POT to $300+. David White is also on target with the positive effect of AGU's earnings report. That along with the catalyst of POT and the Steel Workers (miner's union) coming to agreement soon on a new contract, POT is headed up, as it should.
Aug 05 10:31 am
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All Comments by Clay Kime »Potash Corp: Dynamics of Supply and Demand Drive Earnings Growth [View article]