POT Drop
GS and others downgraded POT and it is tanking along with MOS and MON. Does anybody think this is s short (1-2 weeks) or long several weeks) trend?
GS and others downgraded POT and it is tanking along with MOS and MON. Does anybody think this is s short (1-2 weeks) or long several weeks) trend?
Comments (1)
Edwin,
I can't give you an exact time frame,but it will be near term. My favorite out of the AG companys is CF and they had a monster quarter.One minute the world is starving and the next minute all the companys playing a huge part in feeding all these starving people are downgraded by GS.Based on what I would like to know.
The worlds population will continue to grow. China will continue to import our ag products. And CF,POT and the others will continue to prosper.And the farmers will continue to feed the world as best they can.
Why GS cut these companys is beyond me. But they will be down for days and not much longer.
World hunger and the companys that play a part in feeding the masses are not going anywhere.
I think you are right on track with short term and they will be back!!
Posted by shorty4407 | May 1, 2008 9:23 PM