Bounced off 175 exactly. Might be the final shakeout before AGU earnings tomorrow, a meeting for POT next week where a split might be announced and the inevitable actual earnings for POTASH given the increase in pricing. Shorts will abandon eventually.
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Potash Stocks
- Thread starter cgtrader
- Start date
POT is one of the stocks being pumped on thestreet.com
Top Ten Most Searched Stocks on TheStreet.com
Alix Steel Details The Most Popular Searched Stocks On TheStreet.com
Wed 04/30/08 15:32 PM EST -- Alix Steel
Stocks in this video: POT | AUY | FSLR | EMC | ETN | APOG | MO | AAPL | V | MA
Top Ten Most Searched Stocks on TheStreet.com
Alix Steel Details The Most Popular Searched Stocks On TheStreet.com
Wed 04/30/08 15:32 PM EST -- Alix Steel
Stocks in this video: POT | AUY | FSLR | EMC | ETN | APOG | MO | AAPL | V | MA
I bunny hopped back into MOS today after seeing it build build build and build. In 40 at 121.725.
Big money, big money, big money! No whammy, no whammy, no whammy, STOP!
Big money, big money, big money! No whammy, no whammy, no whammy, STOP!
Quote from spreadem:
that's not the point.
These were momentum plays and when the money leaves, the price will fall .... [/B]
RE: POT Potash S
You call " momentum plays" implying some kind of disdain?
Take a look at the fundamentals of this stock. Stellar quarters more than 25 % growth in sales and EPS. Rated #2 on Investors Business Daily Top 100 stocks. Outstanding earnings growth and low P/E will attract buyers for a long time.
Stock was in nose bleed territory- retraced 50% on Fibonnaci and bounced off. Good entry point, stock closed with a hammer or doji today.
agree,
Potash is a great company and should not be considered a momentum play. They have very strong earnings and given the increase in the price of commodities and a continuation of that, this stock is poised to go way higher.
Technically it bounced off exactly at 175, and yes it did close out as a doji. Should see 200's in the next few days, might even see it tomorrow if the employment report is favourable.
Potash is a great company and should not be considered a momentum play. They have very strong earnings and given the increase in the price of commodities and a continuation of that, this stock is poised to go way higher.
Technically it bounced off exactly at 175, and yes it did close out as a doji. Should see 200's in the next few days, might even see it tomorrow if the employment report is favourable.
POT MOS IPI