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helsi,
Jun 13 10:00 am
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All Comments by TraderMark »Cutting Intrepid Potash on Quick 25% Gain [View article]
over time much higher
in the near term if market sells off they will sell off. Generally in a market correction the strongest stocks are the last to go so thus far certain sectors (fertilizer being one) has been unaffected but if you look back at January, March 2008, August 2007 etc you see they will fall too.
If they do, it will create a magnificent buying opportunity
If you are not the trader type just hold on and come back in a year. Potash producers have some fantastic things going their way EVEN after these tremendous runs. As long as future earnings estimates continue to be ratcheted up, their is upside to go. If one is more of an avid trader, there might be lower price points to buy in the days/weeks ahead. We shall see - its more up to the market - if the market were in bull mode I'd say buy hand over fist. This is not a bull market though, and the bear eventually hits every sector.