The Real Reasons Fertilizer Stocks Are In the Dirt [View article]
The readers are once again, infinitely more intelligent than the poster. This article and the responses were reminiscent of Professor Mark Perry's, idiotic musings. I think back to December 2007, when the nutty Professor wondered how a world with a market capitalization of $63T could care about a silly $300B sub-prime problem?
Oh god, how I laughed. Sure, why would an economics professor know about capital ratios, "mark-to-market"/"mark... etc. The Professor thought we collectively created three times the world's wealth, by working our butts off from 2002-2007! Now we are told to believe that company's that continue to generate vast sums of money, based on feeding hungry people, are worth a third of what they were two months ago. There are some Seeking Alpha authors that have missed their true journalistic calling. Children's fiction.
The Real Reasons Fertilizer Stocks Are In the Dirt [View article]
It's amazing how the invisible hand of commodity based hedge fund sell-offs, is ignored. It's the 800-lb gorilla that moves the market, and here we all are, making believe that fundamentals mean something, while making up ridiculous reasons for a stock's performance. Mosaic volume was six-fold normal when it dropped 40%. I would not be surprised if in the future, companies decide that the lack of transparency of the hedge fund players in the US stock market, prompt companies to de-list. The casino that is today's stock market is kabuki theater at its finest.
The Real Reasons Fertilizer Stocks Are In the Dirt [View article]
The Real Reasons Fertilizer Stocks Are In the Dirt [View article]
mjperry.blogspot.com/2...
Oh god, how I laughed. Sure, why would an economics professor know about capital ratios, "mark-to-market"/"mark... etc. The Professor thought we collectively created three times the world's wealth, by working our butts off from 2002-2007! Now we are told to believe that company's that continue to generate vast sums of money, based on feeding hungry people, are worth a third of what they were two months ago. There are some Seeking Alpha authors that have missed their true journalistic calling. Children's fiction.
The Real Reasons Fertilizer Stocks Are In the Dirt [View article]
seekingalpha.com/artic...
Which explains very clearly the dynamics that will make Q4 hard on stocks with real earnings, like the Ag sector.
The Real Reasons Fertilizer Stocks Are In the Dirt [View article]