Seeking Alpha
  • Michael Bryant
    So fertilizer stocks including Terra Nitrogen (TNH) has fallen on Potash's (POT) weak earnings. Time to buy. http://bit.ly/J7CidB
    5/4/12
    Reply (7)
    • OneLongTrade: Disagree. CF reported last night. Solid earnings, but outlook isn't so clear as per this: http://seekingalpha.com/n/6dll
      5/4/12
    • OneLongTrade: Both TNH and CF are giving pretty bad technical sell signals as well.
      5/4/12
    • Michael Bryant: So he assumes we are going to produce less corn in the future. Why? People still need to eat. And the population is not shrinking.
      5/4/12
    • OneLongTrade: It's not that simple. A lot was baked into the stock including expectations for continued shortage of corn stocks.
      5/4/12
    • Michael Bryant: We still have many more months of warm weather on the way. And EPA mandate requires more ethanol production.
      5/4/12
    • OneLongTrade: This trade has made tremendous money in a short period of time, a pullback is justified, and CF hasn't pulled back enough.
      5/4/12
    • Michael Bryant: If anything, it would be the rising of natural gas prices.
      5/4/12