Let's Grow - Fertilizer Stocks

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paddy

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Post Number: 4
Registered: 03-2008

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Votes: 0


Monday, March 10, 2008 - 12:55 am:

For you who are holding Potash Corp :

PotashCorp Should Benefit from India/Belarus Contract

Rumors that the Belarusian Potash Company [BPC] is offering a 6-month contract price of $600 per tonne of delivered potash in negotiations with India, could have positive implications for Potash Corp. of Saskatchewan Inc., according to RBC Capital analyst Fai Lee.

http://seekingalpha.com/article/67685-potashcorp-should-benefit-from-india-belar us-contract?source=feed

paddy

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Post Number: 40
Registered: 03-2008

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Tuesday, April 15, 2008 - 10:23 am:

Looks like the rumor of $600 per tonne for potash was on the light side based on todays report and the proposed increases in both iron ore and met coal have nothing on the projection for potash .

"Potash, a form of potassium, may reach $1,000 a ton ``rather fast'' because world output trails demand by 1.2 million tons, Oleg Petrov, sales chief for Berezniki, central Russia-based Uralkali, told investors today on a conference call."

Link : http://www.bloomberg.com/apps/news?sid=avZa4TW9aibQ&pid=20601082

paddy

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Post Number: 42
Registered: 03-2008

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Votes: 0


Wednesday, April 16, 2008 - 11:00 pm:

Looks like food prices are going to see an adjustment in the future . Fertilizer companies must be very happy with this increase .

Wednesday, Apr 16, 2008

PotashCorp announces $400-a-tonne price rise in 2008 Canpotex-Sinofert deal

The contract negotiated by Canpotex Ltd., the offshore marketing agency for the Saskatchewan potash industry, was announced Wednesday morning by Potash Corp. of Saskatchewan Inc. (TSX:POT).

In addition to PotashCorp, Canpotex represents Agrium Inc. (TSX:AGU) and Mosaic Co. (NYSE:MOS).
http://www.mytelus.com/money/news/article.do?pageID=ex_business/home&articleID=2 905124

efficiency

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Post Number: 47
Registered: 12-2002

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Thursday, April 17, 2008 - 03:37 am:

Have a quick glance at a real chart. You're two years too late to the party.

News is by design as to BOTH content and timing. The purpose being to get the desired response.

It's a time-tested adage to buy on the rumor/rumour sell on the news.

You're also overlooking the most blatantly simple of concepts that someone(s) is selling INTO strength.

paddy

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Post Number: 43
Registered: 03-2008

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Votes: 0


Thursday, April 17, 2008 - 06:56 am:

efficiency : Guess we are on different time planes . I was just posting information - not suggesting a Buy or Sell .

My chart / records for POT show :

Date Open High Low Close Vol Hypothetical Action

March 10 153.71 154 142.23 143.03 10 Buy

March 14 162.40 165 156.40 160.79 9.1 Sell

March 20 140.00 147.4 136.5 144.26 15.98 Buy

April 16 ---------------195------------- Sell the Gap

Gave returns based on Close figures Mar 10-14 $17 / share

and March 20- April 16 $50 / share . Who needs two years ?

Perhaps it will continue to climb but I will wait for a correction. Note Volumes in millions .

paddy

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Post Number: 44
Registered: 03-2008

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Votes: 0


Thursday, April 17, 2008 - 11:55 pm:

For those interested another article re Fertilizer stocks from "Seeking Alpha".

"12 Fertilizer Companies Sprinting Ahead"

http://seekingalpha.com/article/72654-12-potash-companies-sprinting-ahead?source =feed

paddy

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Post Number: 50
Registered: 03-2008

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Votes: 0


Tuesday, April 22, 2008 - 04:42 am:

For your info :

Materials IPO: Intrepid Potash Competes with Mosaic

http://seekingalpha.com/article/72991-materials-ipo-intrepid-potash-competes-wit h-mosaic?source=feed

Intrepid Potash (IPI) is the largest US-based producer of potash – potassium chloride.

paddy

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Post Number: 52
Registered: 03-2008

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Votes: 0


Wednesday, April 23, 2008 - 04:02 am:

These stocks must have been given good "fertilizer" . Seems like no stopping them - for now .

Intrepid Potash - "explosive growth today" Up almost $18 today.

http://www.reportonbusiness.com/servlet/story/RTGAM.20080422.wintrepid0422/BNSto ry/SpecialEvents2/?page=rss&id=RTGAM.20080422.wintrepid0422

globalreverb

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Post Number: 9
Registered: 10-2006

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Votes: 0


Wednesday, April 23, 2008 - 07:35 pm:

By now Mr efficiency should have a trace of egg on his shirt sleeve regarding his comments on POT.
In three trading days POT has risen darn near 10%
not bad for a stock that has been subjected to "selling into strength".
I was stupid enough to (buy the fact)POT options, which are at present up 279%
My AGU options are up 421%.
I certainly don't mind being " late for the party" if the only penalty is an increased bottom line.
Cheers, Rob

paddy

Member

Post Number: 53
Registered: 03-2008

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Votes: 0


Thursday, April 24, 2008 - 01:21 am:

efficiency: The GAP was a "continuation /
breakaway Gap " complete with increased volume . Eventually there will be a correction back to Support - since January that has been the EMA 50 .

Globalreverb: IMO Didn't need your comment re post of efficiency . Glad you made good . Always nice to leave something on "table" for next person/investor/speculator.

paddy

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Post Number: 54
Registered: 03-2008

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Votes: 0


Thursday, April 24, 2008 - 06:29 am:

globalreverb: Forgot to mention this AM :

" The Market giveth and the Market taketh "[sometimes with a vengeance]

POT down $11.66 on almost identical volume as yesterday [ 200,000 less]. I may be wrong but I don't think we have seen the end of this correction .

paddy

Member

Post Number: 55
Registered: 03-2008

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Votes: 0


Thursday, April 24, 2008 - 08:55 am:

Globalreverb: My last posting didn't reflect final numbers - was an additional 750,000 shares that brought the Close up to $204.12 . Still down $10.71 . What it did is the volume increased with the sell off - not a bullish sign .

For me , yesterdays candlestick was a warning that bore fruit today with a beautiful bearish engulfing red candlestick .

Hope you got out today .

globalreverb

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Post Number: 10
Registered: 10-2006

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Votes: 0


Thursday, April 24, 2008 - 10:36 am:

Paddy, thanks for the concern.

Out on my limit order ( more by luck than design )which was above the market.
I view the pullback as another opportunity to re-enter.
Long term my feeling is that fertilizer stocks have some way to go. Up that is !
Appreciate the media links you have provided.
Cheers, Rob

paddy

Member

Post Number: 56
Registered: 03-2008

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Votes: 0


Thursday, April 24, 2008 - 11:54 pm:

This "news" is probably already priced into the stock as it appears that the correction is continuing today .

Record profits for Potash Corp.

Potash Corp. of Saskatchewan Inc. said Thursday first-quarter profit almost tripled, as surging demand for grains around the world triggered higher fertilizer prices.

http://www.canada.com/vancouversun/news/story.html?id=47cae4dc-e302-4999-94bf-13 1dae683cf2&k=15000