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Strategies & Market Trends : Calls and Puts for Income

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To: dealmakr who wrote (5849)12/3/2013 11:40:59 AM
From: Jim P.  Read Replies (1) of 5891
 
I saw the announcement as more of a positive than a negative.
Lowering operating cost, lowering capacity, continuing with expansion at the lower cost mine are all positive for longer term. That the potash market is in transition is a given. That POT has the wherewithal to take off the rose colored glasses and deal with it is a positive.
I hope you are wrong. I will keep trading the low 30's.
jim
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