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J Rabinzky
4 Comments
Restoring Credibility to Ambac and MBIA
Why Every Investor Needs To Have a China Investment Strategy
But short-term, I think they're going through what we went through in 2000 - Nasdaq style casino.
Buy, Sell, or Hold Fertilizer Stocks: Agriculture Bust (Part II)
2. Too many competitions - even Shengda Tech in China acquired a fertilizer company due to the craze in fertilizers.
3. Canadian brokers keep increasing their target price. Like Qualcomm to $1000 in 1999. I love this part.
4. There's already demand destruction showing. Just an example:
www.inquirer.net/speci...
Yap said preliminary reports show use of fertilizers had so far dropped by about 30 percent because of prohibitive prices.
Hope this help and don't let analyst upgrades blind you.
More Products Should Be Regulated - Soros
Besides, discount window is open now. Rule FASB157 is delayed too. So stop the doom and gloom because Bernanke will not let anything falls further even though they're undercapitalized. Nothing will stop the bull run from now to November!