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

Aug 11, 2008 06:06 PM UTC
Return Risk
-4.11% MID
Associate

POT:  This call was made on 08/11/08 @ $158.32001
Rating:   Negative   $158.32001 (08/11/08)
Closed:   08/11/2008 @ $158.2601 (+0.04% in 0 minute)


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Olive_baboon
nuncprolunch   61%     1 point   commented 470 days ago reply

I dunno. The demand for potash is not going away, even if production stops at a couple of mines. Potash Corp. remains a strong company, selling a product that people want to pay a lot of money to buy. I'd look for the stock price to drop a little bit more, creating an opportunity to load up for the next time it heads for $200.00+.
I'm staying in.

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