Potash Corp./Saskatchewan (USA) (POT)

LordZ (96.90) Submitted: 2/19/08 1:53 AM

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I heard cheech and chong bought this stock thinking that they where buying some major green bud..
POT

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abitarecatania (98.68) Submitted: 2/19/08 9:10 PM

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lol - I should have made some anti drug pitch.

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Someoneusesense (< 20) Submitted: 4/30/08 1:15 PM

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For all you potential Nobel Laureates out there who want to "Rotate Sectors" out of fertilizer producers, look at an incident map of the world and see if you can count high enough to understand how many locations are experiencing food riots and read a morning paper to see the bleatings of those who go to bed hungry at nite. You're probably right - we should emphasize the production of I-Pods instead of food-enhancement products.

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TheParadox (63.80) Submitted: 5/12/08 12:24 PM

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Someoneusesense, what does that have to do with this company outperforming the market... what does that have to do with the price of eggs in New York for that matter?

I am however an outperform on this one, but not on the basis of personal feelings toward world hunger. Unfortunately, business and capitalism moves to where the money is, and may only make small ventures to improves ones interest or self image. None the less, its still a business... You should base you picks on more concrete fundamentals. But you are correct, there is a market for food-enhancement products, and the world could easily need to grow more food, POT would be there to serve that market.

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abitarecatania (98.68) Submitted: 5/12/08 6:18 PM

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I am early and these ag stocks may go much higher, as people/funds are taking all their Central Bank Funny money and buying any asset that has real or perceived pricing power. Fine. I get that, make the nominal real. I can wait, a decent P/E is 10-20 these are breaking 40++++. I have no real money here. But someone has to call BS eventually on these run ups, eventually, there will be deflation or hyperinflation with violence if the Central Banks do not start acting like they have a morale compass. Helicopter Ben has already made plenty of people Billionaires, he has his next job lined up at JPM or GS. I am guessing we will have Japan style deflation,these high flying Ag stocks will get taken down HARD.

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ddswrkng (< 20) Submitted: 5/12/08 7:34 PM

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PCS does not collect or sell manure, it's products are mined or manufactured.

"Someday this agribusiness run is gonna end..." You mean when humans stop requiring food to live?

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abitarecatania (98.68) Submitted: 5/13/08 6:22 PM

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Sure, National Association of Realtors says everyone needs a place to live?

Here you go here a good site start with since you are likely in the market for a home:
http://housingpanic.blogspot.com/

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cubanstockpicker (73.36) Submitted: 5/15/08 5:34 PM

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before people keep commenting on how the new emerging middle class is affecting the prices of ags, ask yourself two questions.
What were they eating before? As far as 4000 years ago humans were growing wheat, rice and corn was just starting out.

Did the world population have a new up swell of 200% growth in the past year? No, its still at 6.5 billion.

This has all the smells of a bubble that has been caused by big money trying to find a new investment vehicle.
If you read back about 20 years, commodities like softs were not even as hot or traded in such volumes as we see today, not even proportionately to population or average human wealth.

And one last comment, does making you rich or middle class make you consume 200 times the amount of food you usually eat?

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FourthAxis (69.99) Submitted: 5/17/08 1:11 PM

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(Yawn) You forget about "unknown unknown" or always taking into account that there may be something you're missing. Trust me, there is something you're missing. Best of luck.

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cubanstockpicker (73.36) Submitted: 5/19/08 6:30 PM

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Hey fourth, try a red bull before you type "unknown unknown". I would never buy a stock based on purely unknown as the motivation for a 300% stock increase. Unknown is called speculation based on hype with a deep rooting in hypothetical theorization, and I forgot my flux capacitor too.
That was the same comments i would receive when i started talking against the housing BOOM. Or when I managed a lender and got fired because I didn't allow below 600 credit scores (even though the banks offered 100% down to 560 FICO) and in hindsight I was still too loose, but you don't know what pressure is when your juggling between people wanting to make money and I was totally "speculating that the housing boom was gonna end."

Comments I used to hear ALL THE TIME on housing.

"Hey man, there is something you are missing, its land! They aren't making any more of it!"
"Dude you aren't smarter than a bank"
"Banks are not in business to lose money".

LOL.

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abitarecatania (98.68) Submitted: 5/19/08 10:27 PM

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In CAPS I can look at an extreme valuation and call BS! Then wait it out to correct to a normal valuation. After the story attracts all the idiots and momentum trend traders, the hedge funds will CROX this, it will happen fast and hard. I just have to wait, it cost nothing to wait here. Tomorrow, next week, 2010? No idea, but these stocks are ripe....

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cubanstockpicker (73.36) Submitted: 5/20/08 12:54 PM

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Abitas, one other point that would take us to the Tulip Bulb bubble of the middle ages.
Farmers are frantically trying to get as much grains in the soil growing to take advantage of historical prices. But the ag chemical guys like POT and MOS have been raising their products prices to make more.
When this growing season is over which will be in the next couple of months and the farmers start harvesting, there will be a flood of wheat, corn, soy and other high prices crops.
A flood of product creates immense supply.

The tulip bulb craze had the same effect, and housing just had the same effect.

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