Nope - the world isn't ending and stocks have over-reacted to the warning shot Uralkali sent to the industry to stop investing in new capacity when there is already surplus capacity by the existing mines. Marginal and new players need not apply - only the big low-cost producers can play this game! The price declines will be temporary but critical in keeping capacity from expanding too much by the industry wanna-bes. Its some short term pain with long term gain. POT is best suited to succeed as a huge low-cost producer.