both stocks just below price gaps ready to breakout, BREAKOUT WATCH for possible breakout above 47.51, no resistance in area just above. Type: Continuation breakout from single resistance. Target: 50.66, 7.9% Stop: 45.91, Loss: 2.2%, Profit/Loss ratio: 3.6 : 1 - Excellent source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=MOS"><u>MOS at StockConsultant</u></a> BREAKOUT WATCH for possible breakout above 33.12, no resistance in area just above. Type: True breakout from triple+ resistance. Target: 35.32, 9.7% Stop: 31.54, Loss: 2%, Profit/Loss ratio: 4.9 : 1 - Excellent source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=POT"><u>POT at StockConsultant</u></a>
I can't get myself to believe in fertilizer when the biggest company in the World announced they are going to play hard ball in the industry. We farmers are getting better at using less artificial nutrients because the public is demanding we develop a more sustainable approach to growing their food. As of October the prices were still dropping on products from AGU, MOS, POT, IPI and other fertilizer companies. Regional Rep's I buy my goods from are saying they think prices will continue to drop, the price action reminds me of how the coal stocks behaved over the last three years. Just my opinion, Fast Money was promoting POT and MOS last week so I get nervous. Jim Crammer was speaking good about big stocks like BTU, ABX and other down trend stocks his short term memory seems to forget he said "hit a bottom" only to fall back down. He said to sell "Steel stocks" and now they are heading back up, when is it safe to buy stocks Fast Money and Mad Money are taking the same side of? http://marketrealist.com/2013/09/falling-fertilizer-prices-will-cut-producer-revenues/