nycDem

Potash Corp. Earns $2.82, a 220% Increase

Gaucho, where are you getting your info about the short presence on CALM and POT? According to shortsqueeze.com, POT only has 1.3% of it's shares sold short, and MOS (my other fave ag. stock) only has 1.7%.

While I do agree that the naked shorting is appalling and criminal...I'm just wondering where you are getting your figures.

(As a point of reference, UAUA has 25% of it's shares sold short! Which makes sense, frankly.)

Potash Corp. Earns $2.82, a 220% Increase

I agree with you, Will. However, the overall Market got sucker-punched today...so hopefully the fert. companies will come back tomorrow with a vengeance. Medium and long-term they will be fine.

Still, the rotation from commodities to financials has been dispiriting for those who invest in fundamentals. There's just so much blatant market manipulation. And if the retail investor gets on the wrong side of it, he/she gets steamrolled.

Potash's New Hit Highlights Fertilizer's Risks

TraderMark, I appreciate your thoughtful analysis. I had been waiting for over a month for a dip to buy into this sector. I got my toes wet today. My general understanding of this sector is that the forward P/E's of many of these companies (POT, MOS, CF, etc.) are still rather modest given the price-hedging of their product to their buyers over the next year. Is this a correct assessment?

It will be interesting to see if this is another dip which springboards us higher (like Mid-March) or if the downturn will be more severe.

Either way, I'm prepared. If the sector falls further, I'll purchase more. If it goes up, I'll enjoy my modest gains.