Potash Corp.: So bad, it’s good
DAVID BERMAN
— The Globe and Mail
Published Thursday, Oct. 24, 2013 3:11PM EDT
Last updated Thursday, Oct. 24, 2013 3:13PM EDT
The news around Potash Corp. of Saskatchewan Inc. is so grim that the stock is looking more and more like a gift to long-term investors.
Of course, things haven’t been going well for Potash Corp. recently. The stock took a terrible tumble in July, when Russia’s Uralkali OAO walked away from an export partnership, preferring to go big on volume rather than try to prop up prices within a cartel. The move scared investors off Potash Corp., which operates within a marketing group of its own (Canpotex).
Link:
— The Globe and Mail
Published Thursday, Oct. 24, 2013 3:11PM EDT
Last updated Thursday, Oct. 24, 2013 3:13PM EDT
The news around Potash Corp. of Saskatchewan Inc. is so grim that the stock is looking more and more like a gift to long-term investors.
Of course, things haven’t been going well for Potash Corp. recently. The stock took a terrible tumble in July, when Russia’s Uralkali OAO walked away from an export partnership, preferring to go big on volume rather than try to prop up prices within a cartel. The move scared investors off Potash Corp., which operates within a marketing group of its own (Canpotex).
Link:
