Wednesday, April 23, 2008

Potent Potables: Potash (AGU; IPI; MOS; POT)

A little alliteration over at MarketBeat.
(two can play that game, although he gets points for the three-beat)

For one day, potash-related companies are taking a breather, even though prices of the fertilizer element are soaring, hitting $1000 a ton in some markets around the world.

After the 57.5% first-day gain in Intrepid Potash Inc. on Tuesday, other major potash companies were pulling back in activity Wednesday, including Potash Corp. of Saskatchewan, Mosaic Co. and Agrium Inc. Other agricultural names were lower as well....MORE