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Michael, IPI could surprise simply because the first earnings report (or two) after IPO usually analysts are caught flat footed - that said, its rich in valuation.
May 22 12:42 pm
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All Comments by TraderMark »Canpotex Port Expansion Is yet Another Catalyst for Fertilizer [View article]
As for MOS/POT it is all dependent on if they hold their 50 day moving average - both are right near it and have been basing for a month
MOS $120
POT $185 (POT has been relatively stronger)
I see a gap in MOS back near $110 I've been waiting a while to fill
I do believe when oil reverses the whole kitchen sink will be thrown out and we have possibility to buy these stocks lower. I don't know the exact number because the market overreacts. I would just layer in (and out) - in during panic, out during euphoria. These are very long term stories and we'll have many periods of panic and euphoria to benefit from.
I wouldnt classify CMP with the rest - CMP is mostly salt :)