Not a chance unless AGU drops by about 75%. What assets of AGU would POT want?
N plants -- no
Retail -- no
K mine -- yes but they can increase capacity at there own mines cheaper
And no rumors other than the one you're trying to start, good luck!
yes, your theory of sell the losers for tax
purposes could be right. Thanks for bringing it up. Once
this selling abates I will buy truckloads of Potash
Sorry, don't visit this board
frequently, otherwise wouldve replied earlier to your
question of why I chose Novicetrader. At the time I took
this identity I knew that I had a lot to learn, and
that's why I took that identity. And I learn everyday
from the markets, new things, new strategies,
everything. So I have decided to keep the identity.
Visit my club on advanced options trading strategies on
if you want to learn/teach more about options
Could it be possible that Fund Managers with POT
in their portfolios are dumping it ? It would make
sense because it has recovered somewhat (so they don't
lose muh) but it still bears a stigma of having dived
since last summer's highs. They could report that they
are not holding any POT for their year-end reports
and then scramble to pick it up in the new year. I've
got no leads I was just thinking.
Hey Novice a
bit of personal question. Why did you choose that
It seems you are pretty knowledgable.
Another one is POT. Some crazy selling going on
there. That company can make more than a buck a share a
quarter, and the stock is about 33% off it's high, but
still, there is some nervous seller out there who just
doesn't want to hold it. Oh well! No, I know, he may know
something I don't, maybe the industry is headed to the pigs
and maybe people won't grow crops anymore or potash
will be killed by it's competitors or whatever, but I
tell you, one thing I have learnt from what Buffet
says, everything about a company is in it's balance
sheet. And POT has a good sheet. And so, I have added to
my position during this selling.
it's got to be good for the industry because that
means oversupply will be removed. That's why I say it
is an idiot who is selling. Notice the high volume
of selling but the stock really hasn't dropped down
much, showing that people out there are accumulating
this stock at this price. I myself am a short term
trader, don't believe too much in long term buy and hold,
but POT looks good for short term. Also, another
undervalued play is LEA, you can get it at almost half it's
52 week high.
If someone picked up a whole lot of POT at $48.00
to $50.00 (USD)
I believe he is now laughing all
the way to the bank. If it is an institutional
investor they maybe trying to lock gains for end of year
reporting (what their bonus is based on!).
I share your
frustration (my cost is at $92.00 !!!!)
We just have to be
patient and wait til spring then we'll see who will be
laughing. Hang in there POT just hit an important
resistance point it'll be back !!
Can't believe that there was someone out there
selling POT today at 67 and change! While I don't know
how much they sell in Central America, the hurricane
(micth) would cause them to buy a lot of fertilizer next
year. And Asia (india and china) continue to do strong,
and demand seems to be good. AND they may buy back
their own stock also, to top it all off. And with all
this we see someone taking the stock down in a bull
%*^$ rally. Crazy. Let the selling be done, and this
guy is going to cry when potash is in the 80's before
the end of the year.
In so far as my recent posting is concerned I
don't think my crediblity is an issue I simply posted a
copy of a very informative article I found in MSN
Investor. Since one needs to be a subscriber not everyone
has access to these articles I just thought people on
this board would be interested.
In my message
163 I was lamenting the condition of my portfolio
after the dive POT had taken and responded to someone
who heard of POT buying out AGU in very humorous
manner. I didn't come up with the rumour neither did I
come up with the possible ways POT could shore up its
share price. I read an analysts report stating the
alternatives available to POT and simply made his opinions
available to everyone on this board. As a matter of fact I
had expressed my doubts on the alleged POT takeover
of AGU because I didn't think it made sense. I
believe the purpose of this board is to exchange
information on POT not for anyone to pass himself as a Guru
One last word on credibility. How
credible are those "Experts" participating in the annual
Wall Street Journal stock pick contest??? A monkey
throwing darts on aboard has beaten all the "experts" 5 or
six times out of the past seven years !
info you read should be taken with a grain of salt and
you should use your own judgement.