Can anyone out there explain the large drop in price today,when "yesterday" it was up in a big way.What was it, like up $12.00 a share up.I had to buy more shares today to dollar cost it, when it was down $11.00 and change.
because there was no real reason for it to be up so much yesterday. The 'news' was about CF and has limited to no relevance to TNH. I guess people realized that overnight.
"I had to buy more shares today to dollar cost it"
So you are saying, you chased TNH without even knowing why it was going up? Today's price is still higher than it was 2 days ago so for you to have to average down you must have been chasing the spike yesterday. That will teach you to buy first, research later.
lizahuang54321, I think the fact that CF sold their phosphate interest to Mosaic and is planning to invest more in nitrogen expansion has some relevance to TNH, yet to be realized though. I think this is what some read into it and can see why some would chase. For me I come back to the dismal Q3 earnings!