Commodityking

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    • Intrepid Potash IPO: Soaring Shares Signal Fertilizer Bubble? [view article]
      The recent run up in the sector is a combination of good fundamentals and a safe place to put money in the midst of credit uncertainty. The caution is legitame in the short term due to funds flowing to take much needed profits to offset losses in other sectors. Long term however, POT is king in the space and will benefit more than anyone from increased potash prices. Unless agricultural commodity prices crash (farmers make less money), farmers will continue to use fertlizer and countries with less than optimal soils will need it to feed its population. Unless Abbi is short all commodites, I think she has mischaracterized the segment. It is a BUY at an pullback. Apr 24 02:14 PM
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