Judoguy

Ten Reasons Why I'm Waiting to Buy PotashCorp

I am long POT.What we have here is variable speculation.The world will use ever increasing amounts of potash and they will pay more and more for it untill there is more available sometime I would guess in 2012-2014.Until then the stock will ebb and flow but ultimately be much higher.Most posts I read tell me they are written by guys who worry about a 5 or 10 dollar entry point when none of you look at the long -long term prospects.I"ve owned POT since 1989 and its returned around 5500% with divdends and splits. I started with 100 shares of POT and 100 shares of Agrium which Agrium sat for years doing very little but in time exploded as I knew there would be a global food sqeeze and these materials would needed in a big way. I regret to say the majority of postings I read are written by traders with microwave mentality who don"t have the vision to see simple future global trends that affect everyone.Hint All Humans Eat Drink Or Use Energy Water or Food every day! Either the commodity or the infrastructure in all these related themes will have enormous runs- be in them before they arrive not after- so you all won:t sound at times like impatient day traders .Above all do your homework look at the world what will people absolutely need do your homework buy sit be patient and you will be rewarded greatly.