selling off today because? natural gas up...nope they are hedged, dba down...nope, planting weather ahead makes cf happy,,,,options expiration ...maybe so b/c max pain ard 190. Price to CF a thing of beauty with resulting clear shareholder returns and growth prospects superb. Would love to see nearby support break so can add
No reason, just normal price movement. As planting picks up people will become more comfortable buying CF & uncertainty will decrease. CF was pretty confident in a second half rebound & pointed out that circumstances are working to CF's strengths. Other fertilizer companies were bullish as well (except AGU, which is why Jana is all over them.) This stock could have a 2nd half $80 run up.