Taher

Buy, Sell, or Hold Fertilizer Stocks: Agriculture Bust (Part II)

I am not sure where the author is getting his data but last time I checked Potash prices were going up and they continue on going up. The strike at PCS should even drive prices higher which is great news for other fertilizers companies. If the commodity price is moving up then the stock will follow.

The argument about Citi and Potash market Cap is one of the stupidest things I have ever heard. Citi is losing money by the truck loads. PCS is making money by the truck loads. Why are you surprised that PCS's market cap has surpassed Citi? If Citi's market cap drops by another 20% - 30% (which is very possible in this market) does that mean I should go ahead and sell my shares in Research in Motion, Amazon or McDonalds. All these companies have a market cap between 40 - 70 Billion and have increased their stock price over the past 52 weeks. Very bad argument on the author's side

By the way, when you wrote your post at the end of July the prices for these Agri stocks were already way down. So the claim that you foresaw this drop is not accurate.

Very amateur writing