cjct

Potash Corp.: Poised to Soar Once Hedge Fund Worries Subside

This thing is sinking like the titanic. That's the problem with "hot" stocks all the clowns who pumped it to ridiculously high levels all try to leave at the same time and send it to rediculously low levels...This sellof in POT is not over...the fertilizer story is dead...its a cyclical it cannot stay strong in a global economic slowdown...people have to admit that a fertilizer stock like POT at 240 was a little idiotic...i thought for a little while that they had found the cure for cancer with the excitement that some people had over owning this stock.

Why Don't Earnings Matter Anymore?

First of all stocks don't trade on history/past earnings they move on profit expectations. As of right now, earnings expectations are way to high for the entire commodities sector and will have to be adjusted downwards to reflect the fast-slowing global economy.