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SweetMircha (35.26)

Potash of Saskatchewan - POT - must read -

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November 19, 2009 – Comments (10) | RELATED TICKERS: POT

There is Breaking News from the Globe and Mail Newpaper from Toronto ( the Report on Business section) with regards to Potash Corp of Sask Earnings.  A major loss of not only actual but also of future earnings predictcions for the company.

This should be of great interest to all of us FOOLS who hold Shares of this 5 star company. Its downgrade time by the looks of it. Is it time to bail out of ownership and collect our profits and the wait to buy it back when it bottoms out again?

10 Comments – Post Your Own

#1) On November 19, 2009 at 1:54 PM, kdakota630 (99.96) wrote:

Link

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#2) On November 19, 2009 at 1:57 PM, brickcityman (50.43) wrote:

Link please...

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#3) On November 19, 2009 at 1:59 PM, bmjones76 (35.79) wrote:

Great question.  I'm down 50% on that stock now.  I'm considering selling and re-buying lower.  Any other thoughts, insight by others?

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#4) On November 19, 2009 at 2:00 PM, JakilaTheHun (99.95) wrote:

This is one of the most worthless blogs I've read since being here and that's saying something. 

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#5) On November 19, 2009 at 2:01 PM, JakilaTheHun (99.95) wrote:

P.S. Not that I disagree on POT.  Just that I don't approve of scaremongering tactics and it makes me question one's motives.

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#6) On November 19, 2009 at 2:04 PM, SweetMircha (35.26) wrote:

reportonbusiness.com is the website. I wasn't able to actually put a physical link to it- not that computer savvy as yet.

Mary.

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#7) On November 19, 2009 at 2:06 PM, kdakota630 (99.96) wrote:

JakilaTheHun

How do you mean scaremongering?  I would agree with you if it was just speculation on Sweet's part, but he/she is just informing the rest of us about a newspaper article at The Globe and Mail.

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#8) On November 19, 2009 at 2:16 PM, SweetMircha (35.26) wrote:

I'm not scare mongering. As kdakota630 put it, I just came across the new brief myself and felt it important enough to pass it on to all of our members both Canadian as myself and my US neighbour Members. I have 3 websites active at once & jumpt between them during trading hours - Motley Fool, Report on Business & my online Trading site. That's it.

I bought my POT.TSX shares in '08 when they were $67 & $87 respectively. They hit $120 Cdn yesterday and fell today. It's my Core holding.

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#9) On November 19, 2009 at 2:30 PM, catoismymotor (84.06) wrote:

Sweet,

I don't own any shares of POT. I still appreciate you bringing this article to our attention. POT is one of the companies I keep an eye on.

Cato

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#10) On November 19, 2009 at 5:14 PM, jim1618 (< 20) wrote:

Little late for "breaking news" dont you think?  They reported earnings almost 1 month ago....  The reason the price is up is Soros reporting he increased his stake in the company.  Valuation is still interesting for all ag companies but Potash appears to be the only one anybody knows about so its a bit richer.  Why not look at Yara or China Bluechem?

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