So why remain in the stock now, abbaman? If long, perhaps sell, and possibly come back later when it's going in the right direction. That's what I did last week.
Whatever the take, K+S is a bad deal. The new management with Tilk has much to learn.
Interesting proposition, abbaman7. But if less crops are grown, less potash will be used—that can't be good for POT, can it? Though the way the stock is heading, it wouldn't matter anyway. Management has failed the shareholders.
Not true - BHP up almost 3% and CF up 1% today! POT is crashing because of poor and inexperienced management, and a clueless CEO making an ill-advised takeover offer.
Hey, that up move was just for one day post takeover offer. The plunge has been interminable! The market has spoken. Fire Tilk.
POT started plunging after their buyout offer—before China. Other commodity stocks (like CF) are up today, while POT continues to plummet. The market has spoken on POT's CYA deal.
POT's management is taking on huge debt+K+S, to thwart its own possible takeover by some other company like BHP. Management is simply trying to save their own sorry backsides at shareholder expense.