John Pepe

1 Comment

    • ON: Thu Apr 24th 12:29 PM
      Commented on:
      Intrepid Potash IPO: Soaring Shares Signal Fertilizer Bubble?
      I agree with Stockreader. Bubbles do exist and the writing staff at Seeking Alpha are apparently in a bubble. Intead of using logic they simply live in their own little world where selling negativity equates to readership, and ratings. Unfortunately a more credible source- The Wall Street Journal has already noted that 64% of the Potash market share is spread only between 5 companies, and of those five IPI has the best "ground floor" pricing. So you have a more credible paper like the WSJ saying it's a steal and a less credible source like SA saying it's a bubble. The reason is because Seeking Alpha is looking for an angle, and I suspect in order to create "interest" in their online rag they will desperately try to spin gold into lead to do so.
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