I am amazed how low this POS has plummeted. It is the worst stock I have ever purchased and I am sure like many other owners, I am torn between cutting my losses (which are considerable) and sucking it up and holding while hoping for an eventual rebound. The company is not making much money and there is competition coming to UAN's area in the not too distant future which won't help. Could this drop to the 13's or 14's? Not only did everything I invested in the stock miss the big rally, it continues to drop as the rest of the market rallies. Market reaches new all time highs while this stock reaches all time new lows everyday.
if you follow the conference call,I believe management said all the future production of 2014 are sold,
there is this humongous harvest of corn and coming soon soy beans so price of corn and soybeans are falling,some folks are worried farmers will not be buying much fertiliser if their income drop.
is that the case?or more?
I own less than many but added some additional shares today and intend to stick with the stock. Seems buying in and around here is ,in the long run, a good investment. Might take a while but we at least get a nice div while waiting for the pps to turn around. Plan on being In it for at least 5 years