drop to $62 Monday/Tuesday? I hope so.. I sold off at 66..
Why would you do that with high probabilities of corn being lock limit up on Mon? IMHO this is NOT a 1 day phenomenon and longs should sit back and enjoy the ride.
the stock has had a great run. there is never any problem with taking profits and waiting for the stock to pullback, consolidate, etcmomo is in it last few days so who knows where they take it before the profit taking comes back ininteresting stuff with POT though. bhp bid is keeping pot down at this point so i think many people shifted into this recently
I agree. I think corn and MOS will be up again big on Monday and much higher by the end of the week. We got started with Russia but now it is hitting home. The industry is also heating up with renewed M&A talk.