Today I noticed a positive upside reversal with support around the 200 ma. It ended up being an accumulation day. Prospects for the stock seem good right now at least for the short term
Potash and Agrium Targets Slashed - UBS Analyst [View article]
The more I understand the market the more I realize that analysts are the last category to pay attention to. They play with price targets all the time.
Pot from over $300-400 to $165 in one month?!? Based on what? Market perception? Crystal ball? Rumors? They contribute to extreme volatility in stock prices and they don't have the right to do so. Unfortunately many retail investors listen to them. If POT posts strong results in 10 days then the stock price will jump and they will review again their estimates... what a nonsense..
Will Automakers Switch to Natural Gas? [View article]
I have owned a converted vehicle in Italy for several years. It was a Mitsubishi Outlander, the same sold here in the US. The conversion is very cheap. It was 1,500 Euro and the State gave me back 1,000 as an incentive. I believe is even cheaper now. Tanks are not expensive at all and they are less dangerous than the regular gasoline tank.
I couldn't notice the difference running on gasoline or Natural Gas (called GPL in Italy). In Europe conversions have been done for many many years. I have known dozens of people that converted their cars without mechanical problems, insurance issues, maintenance issues, etc. It is simply a better fuel that oil lobbies want to keep secret ;)
If enough people get educated on this matter, demand could be built and infrastructure will come with it. I am actually shocked that not many people know how popular natural gas is in many foreign countries.
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Potash and Agrium Targets Slashed - UBS Analyst [View article]
Pot from over $300-400 to $165 in one month?!? Based on what?
Market perception? Crystal ball? Rumors? They contribute to extreme volatility in stock prices and they don't have the right to do so. Unfortunately many retail investors listen to them. If POT posts strong results in 10 days then the stock price will jump and they will review again their estimates... what a nonsense..
Will Automakers Switch to Natural Gas? [View article]
I couldn't notice the difference running on gasoline or Natural Gas (called GPL in Italy). In Europe conversions have been done for many many years. I have known dozens of people that converted their cars without mechanical problems, insurance issues, maintenance issues, etc. It is simply a better fuel that oil lobbies want to keep secret ;)
If enough people get educated on this matter, demand could be built and infrastructure will come with it. I am actually shocked that not many people know how popular natural gas is in many foreign countries.