jjason

Potash/Fertilizer Industry: The Week That Was

I think that there is a big difference between the goals of everyone on SeekingAlpha. Day traders, long term investors, momentum investors, technical traders/investors, all of them have different things to say. I wonder if any of you short term traders ( like one day to say, three months ) realize that investing in stocks, short term, is a zero sum zero game where there is a loser for every winner?

The only other activities that I can think of where there are more losers than winners is blackjack, slot machines and other forms of gambling.

I am a reader on this site so that I can make intelligent investing decisions. I am retired. I look for safety of principal and income from dividends and capital gains. I am not interest in reading BS.

There are a lot of writers on SeekingAlpha. Some of them actually write good articles.

On POT and the other companies involved in potash, 1. I think there is a monopoly situation. 2. There is also much speculation going on. 3. If some governments take the time to end this "cartel" maybe the price of potash will come down.

Finally, like Arnie, I am a backyard gardener. But unlike Arnie, I do not use any fertilizer. I compost and have an outstanding population of worms. No fooling. As an organic gardener I have an excessive supply of cukes, tomatoes, green beans, zuccini squash, yellow squash, green onions and flowers. My garden is labor intensive and uses only energy from the sun...and I recycle gray water too.

I recommend organic gardening to everyone. I do not recommend POT...just look at the price to tangible book ratio. POT is overpriced and so is potash.