jjason

The Agriculture Bull Keeps Getting Stronger

POT is an OPEC like cartel? How clever! Just what the world needs...another monopoly. POT is overpriced because the company can control supply and the other potash producers are smart enough to see how this cartel can benefit them...at the expense of others.

As long as someone (anyone) can limit or control supply then they can control prices.

Monopolies are illegal in the US. There is a good reason to make monopolies illegal. I support the effort by the US Congress to make it possible to sue OPEC. POT is next on my list. Once the cartel that POT is involved in is made illegal potash prices will come down and so will the overpriced potash producers.

I would also like to add that organic farmers and gardeners use no fertilizer and produce good food. I should know...I have a lovely garden and use no fertilizers, weed killers or bug killers.

As With Fertilizer Commodities, POT Bubbles

As you all push up the price of POT and others, If you do not buy low and sell high you will not make a profit. POT has developed into a marketing cartel. It is subject to the same kinds of risk as buying oil futures. Some day you might regret what you invested in.

PS. I am a backyard gardener. I do not use any chemicals or fertilizers in my garden. I use compost made by worms! The stuff is FREE and grows nice vegetables and flowers.

PPS. Have any of you ever heard of the Ratio Price to Book Value...or Price to Tangible Book Value? You should look it up.

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.