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S&P 500: 1,340.35 Change: -0.84%
boohedj
P&P Score: 4.07 | Points: -30.45 | Accuracy: 33.33 | Average Pick Score: -8.20   Annual Return: N/A  
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Commentary
BUY: POTASH CP SASKATCHEW (POT) Rating: 2
Start Price: $38.46
Points: -2.13
Created: 01/18/2010
Strong AG supplier

2 Comment(s):

Author rjm77me     Date 2010-02-10 21:02:11
I was just checking how many in P & P community are positive on this stock
Author boohedj     Date 2010-02-11 11:28:35
Below are commetns from the Motley Fool.

Supply and demand fundamentals are tight for nitrogen and phosphate products. In particular, phosphate inventories are 38% below the five-year average, and prices are up 50% from November.
There's been a "surge" in both domestic and international demand for potash, with the latter picking up just in the past month.
Potash remains the highest-margin fertilizer, at over $200 per metric ton in the fourth quarter.
There should be strong demand for all three nutrients in the spring.
Brazilian potash import demand is expected to rebound in the face of tight supplies
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