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Agrium Inc. Message Board

  • mister_unh mister_unh Apr 17, 2008 11:28 AM Flag

    u r all amatuer long traders here


    what about a basic technical analysis chart can't any of you read. go to stockcharts.com and learn. pain is coming. I sold today to some loser hope he flipped it at 90.

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    • Great call a hole.

      If you were all knowing, you wouldn't be on this board.

      You are a huge AZZ loser.

      Cover UR SHORT before u ar in the paw house.

    • My Point exactly......when I hear on boards like this and POT tht these stocks are never coming down, and price targets of 400.00 by next week, its time to get out of these stocks....buying puts Monday

      • 1 Reply to conradh101
      • The Chinese just agreed to pay THREE times the rate for Potash and you think this is some kind of Dot-Com stock.
        Everybody here has been given a gift but only a few will know how to use it.

        Potash stocks nourished by huge price hike

        TheStar.com - Business - Potash stocks nourished by huge price hike
        April 17, 2008
        Dana Flavelle
        Business Reporter

        In another sign that global demand for food is going through the roof, the Chinese have agreed to pay three times as much for fertilizer this year to boost crops.

        Shares in the world's largest fertilizer supplier, Potash Corp. of Saskatchewan, jumped 5.5 per cent to $198.50 a share on the news, helping take the Toronto Stock Exchange higher yesterday.

        Potash Corp. is now the second largest publicly traded company in Canada, after Research In Motion and ahead of the Royal Bank of Canada and Manulife Financial, with a market value of $62 billion. Its stock has gained nearly 1,000 per cent in value over five years.

        Potash Corp. announced yesterday the Chinese had agreed to pay $400 (U.S.) per tonne more for potash as supplies tightened. That's on top of the $176 they paid last year.

        And there are few signs this trend is likely to reverse any time soon.

        "Significantly higher potash prices and extraordinarily tight supply have become much more firmly entrenched since China's previous contract was signed 14 months ago," said Potash Corp. CEO Bill Doyle.

        "With the intense pressure on global food production and continued growth in potash demand, this is the reality for our industry for the foreseeable future."

    • BUY API on TSX. Very good buy.

      • 1 Reply to fz1022
      • Yes buy it, its down 10%, with no production, just properties, buy it because this poster said so, and buy it because it was given a buy on it....so buy it at 8.00 now, and when you sell it at 1.50, youll wish you never took advice from a poster...look at uranium stocks as an example...only the strongest will move higher, UUU on TSX was a 22.00 stock last year...no production, lots of properties...buy's all over it...well its 4.00 now....one of a 1000 exampkles.

    • I saw a post on here from a guy who said he took out a line of credit to go all in with AGU. Anyone who thinks a stock goes straight up is delusional. Form a technical standpoint, how does someone buy now ?

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