During the recent pull down of financial stocks even those with zero exposure to the subprime or any other possible write downs were taken to prices that were 4 to 5 times earnings. That could happen if the fertilizers stay out of favor.
A month or so ago I stated here that I thought POT could go to $120. That was when it was just under $200. Seems well on its way!
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During the recent pull down of financial stocks even those with zero exposure to the subprime or any other possible write downs were taken to prices that were 4 to 5 times earnings. That could happen if the fertilizers stay out of favor.
Sep 12 08:34 am
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All Comments by Tim Plaehn »Is Fertilizer Starting to Stink? [View article]
A month or so ago I stated here that I thought POT could go to $120. That was when it was just under $200. Seems well on its way!