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S&P 500: 2,010.40
Change: -0.05%
JoeCole
P&P Score: 80.71   Points: 3.55   Accuracy: 47.04%   Average Pick Score: 0.11   Annual Return: 1.34% (8.69% since 3/30/08)  

JoeCole's Blog : Terra Nitrogen Sellers

Date March 4, 2010    Comments Comments (1)    Rate this post Recommend This Post (105)   
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Now selling near July 2009 lows. Cut dividend and parent company TRA was taken over by a European firm. Margins still high but Sales & Earnings down Y/Y. All fertilizer companies seem to be in a funk lately with low Zacks ranks indicating bearishness. Selling was on greater than normal volume.

I think 2010 is a wash for fertilizer, maybe try back end of next year.
Tags : TNH   TRA   POT   MON   MOS   CF   AGU  

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Author JoeCole     Date March 5, 2010 13:40 Abuse this post Report Abuse
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Down another 6% today. A little bit higher volume.
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