Whatever the cause of my inexplicable good fortune, it is gone.
I do not believe the POT story is finished. But then again efficient markets are not built on the whims of a very few people. How this goes I have no idea in the next several years. But I do know it is in no ones interest to sell at $300 below the full cost of production of even the low cost supplier.
Oh the WSJ really blew it today on the reporting. The marginal value of corn production is set by mandated corn ethanol demand. So if farmers pay less for potash, consumers are not going to see it. Also if our farmers are encouraged by Obama's political patronage to continue really horrible land management, the yields certainly will not be sustained.
Progressive sustainability really is nothing more than irrational heart felt opinions.
Anyways, you mocked my losses on POT and it went down. At least for a flash the OLB had some joy.
Just wondering how many times you can all do your version of the holy cow dance. Not so easy to find a cow now that the beef herd is the smallest it has been in three generations. But perhaps that is what the progressive environmentalists had in mind . Sacred cow only their elite priesthood can afford to enjoy.
Fortunately my portfolio is always diversified. So I will have time to watch.
Carry on as we all know you will. ;-) Congrats on my poor fortune again.
You are - and I'm just realizing it - an ethanol tycoon. With your holdings in POT, VLO, CSX and likely many others you are afraid to disclose, your fortune (such as it was) is based mainly on it's success.