Potash Corp./Saskatchewan (USA) [[POT]] just guided way the fuck up tonight. Seriously, I would tell you all how I am playing this, but too many retarded money managers read me and front run my trades.
8:24 ET 3/11/10 POT Potash guides Q1 EPS to $$1.30-$1.50 vs prior $0.70-$1.00 and Reuters $0.94 ($116.93) Company notes that the upward revision reflects a sharp rebound in potash demand that is expected to drive a record quarter for North American sales volumes and strong offshore shipments, as well as higher-than-expected margins in nitrogen and phosphate. Adds that any revisions to annual guidance will be addressed in its Q1 news release on 29-Apr. Note that the current Reuters consensus for 2010 EPS is $5.12. “
Needless to say, I will be deploying capital to the ag sector, immediately, based upon this massive shift in the potash market. It appears, as I have discussed before (check my archives), farmers are no longer starving their soil, in order to save a few bucks. To do so would endanger future yields. As you can see with these Potash numbers, it’s time to milk the farmer again.
I will take 5-10% of assets and buy a basket of ag stocks, starting tomorrow morning.
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Sqm
In the manufacturing world, things are starting to ramp up, jobs are being offered. Contracts have been made, I will notify you when the company pulls the trigger and starts pulling in people. The jobs are being offered NOW!!!
Where? In Nauru?
God willing our chinese masters will keep some low paying factory jobs here
American company, 100 years old.
I will go with MOO
An audible was inevitable. Eventually they were going to find your tickle spot in this melt-up, and you would respond like one of Pavlov’s mutts. We’ll see soon enough if you should have stuck to your guns.
Obviously this whole “great balls on fire” thing is making you irritable.
Chill out w. a spritzer.
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I know the feeling……
http://www.youtube.com/watch?v=58D2SBBseNs
The V.King “cumming” soon
I was just pondering a MON purchase too… Nice “Fly”
Needless to say, I’m fond of the title. Masterpiece, the content that is.
YONG 4TW (above $9)! No homo.
Been long Yong (I’m a poet) since 2/2 @ $7.27. Hope your call is right.
fid
this shit really can’t be ignored fellas.
Long term HXM , FLY?
Slim is bullish on his region, hypothesizing that the great influx in wealth will elevate Latin America, pulling more people out of poverty.
Slim’s bold prediction for the decade: “Latin America is close to breaking the underdevelopment barrier, of around $12,000 of income per capita. It seems to me that this should happen in the next 10 years.”
He continues: “The developing countries in Latin America have available both internal and external financial resources, better terms of trade on their exports of primary goods and competitive advantages thanks to the availability and production of commodities, tourism and a modern industrial sector.”
Once you break the 12,000 barrier a whole new set of demand patterns emerge.
Excellent. Maybe 15 million people who have been remitting money south of the border will buy a one way ticket there.
Yeah, that’d be great, Mr. Xenophope. Then the price of lawn care and concrete work would go skyyyyy-hiiiigggghh!
Not to mention that such a phenom would be incredibly bearish for the profits of the American Farmers …
Good for us insofar as a new market for North American products and services emerges, also for commodity prices. Not so good for inflation.
SYT
Anyone mind if I go ahead and keep the market artificially propped up indefinitely?
From ShittyBank to fertilizer.
Welcome aboard, M. Le Docteur de La Fly!
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What’chu tahkin’ aboot, “MON?”
lots of volume in the MON April calls today
Good thing I planted seven tomato plants after the freeze.
http://money.cnn.com/2010/03/09/news/economy/tomato_shortage_fast_food/
They are going to need some equipment.
Watch the Yen Fellas. It’s weakening on account of more Japanese chatter about intervention and QE. It has important bearing for the equity markets.
J – Thanks. That’s what’s great about this place — Many eyes watching many markets.