Apparently the entirety of the potash market lies in Belarus, according to the market. Ag chems are rallying today after Putin said “this whole Potash boondoggle with Belarus needs to be settled already, Goddamit.”
I am paraphrasing just a bit there.
But the idea of buying into the sector is intriguing, especially since everything under the sun is soaring. I cannot believe I missed out on this GNK and SBLK run. I knew they’d go, but opted to divest from the ships, after me long, arduous FRO campaign (ultra-violent).
At any rate, I believe SQM, MOS and POT are solid long term holds down here, with POT and MOS even paying generous dividends. If you want to go the degenerate OTB guy route, RNF and IPI are as hated as they come.
I am hesitant about buying into the sector today, based upon a god damned comment by that bastard in chief, President Putin. However, the long term idea of buying and holding these chem stocks is very appealing– I must admit.
Too bad I am 135% leveraged long and haven’t two nickels to rub together for new investments, otherwise I might do something today.
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Mortgage the house and buy MOS.
house is already mortgaged. Sorry
POT,,should of thought of that one
I was just going to ask you opinion on the potash plays, but you beat me to it through the post. Time machine at work…
IMMR to 17 bucks by year end.
$17 is child’s play.
http://www.cnbc.com/id/101018485….haptic in the sammy
needs to get over 14 first
SQM for the wim!
NM and TNP if you missed the SBLK leaving port.
Good Dr…will you hold aapl thru tomorrow or get out prior?
I have been long IPI since 12.16! I’ve been tempted to sell out, but my stake is small, so I’ve stayed in. Finally pays off a bit today, although I am hoping for more of a gain.
http://finance.yahoo.com/news/icahn-bows-battle-control-dell-133952840.html
Icahn calls Michael Dell to congratulate him and wish him luck? Even when he appears to be losing, Carl is winning…wait, is it possible he’s Senor’s illegitimate father?
made a rookie mistake selling my GNK long @ 2.89 wayy to early and have been slapped in the face pretty much every day since. Looks a little played out now. FREE has a much better risk/reward profile now