Do You Think POT is a BUY, SELL, or HOLD?
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long term potash has bright future, but near term too difficult to tell. Saw tv analyst today take a phone question on potash and said supply:demand picture does not look good and that he felt there were many better resource stocks. He also said longer term the whole idea of emerging economies buying more grain and protein makes a long term positive case for potash. still he seemed to favor more risky small caps so perhaps he is wrong. thinking earnings are near and one should wait as there could be weakness/selling on earnings. not an expert but dont see how earnings will strong.
See in the news some minng problems at another sask. potash producer, but good news looks like workers were all rescued. Dont think they will lose more than a couple days of production.
lellette... sorry for the long winded reply thinking one should hold off, do nothing until earnings think earnings are on 31st. dont know what the market expects but hard to expect anything stellar.