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3 pts

Opinion on  Potash Corp. of Saskatchewan Inc. (POT)     Sector: Basic Materials  >  Industry: Non-Metallic Mining
Smokin....

Apr 29, 2008 07:50 AM GMT
Return Risk
-10.93% HIGH
Associate

there is a pull back -- but there are too many who like the stocks..  So be the buyer at every dip.


POT:  This call was made on 04/29/08 @ $188.53999
Rating:   Positive   $188.53999 (04/29/08)
Gain/Loss:   -39.44% in 577 days


Comments (3)

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Astukphoto
Armin Stuk   22%     2 points   commented 577 days ago reply

Good call, agree!
nything having to do with commodities has done very well for investors and that trend does not want to slow.
Specifically, agricultural commodities have rallied on world wide demand for food and ethanol. The largest beneficiaries of the growth are the chemical and fertilizer companies.
One of the more attractive features on POT is that the company should do well no matter what happens with the US economy. Ironically, in most cases stocks like POT are defensive plays that do well during recessions.
Sentiment: Bullish

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Bearishguy
The Big Bear   86%     0 point   commented 577 days ago reply

darn this is too funny

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Money
abates   N/A     0 point   commented 576 days ago reply

POT does have a sustainable and continually profitable business model yet even with pull back the stock valuations are a little less than attractive.


Your Comment

Who voted on this idea?
Bearishguy
The Big Bear 86% 04/29/2008
Astukphoto
Armin Stuk 22% 04/29/2008



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