BSCLossMan

Intrepid Potash IPO: Soaring Shares Signal Fertilizer Bubble?

I'm not going to bash anyone, and I'm no expert, but I would like to add that POT, MOS, IPI, etc have real earnings and a scarce product, so I think their shares deserve to go higher with no end in sight. A high stock price is not necessarily a sign of a bubble. On the other hand, companies with small earnings and huge write-downs (banks) see their shares continually going up which makes no sense. I think it's very valid, however, to look at stocks like the fertilizer stocks, see the great run, and have some caution...