Friday, March 12, 2010

Heaping Mounds of Bull

Fertilizer Stocks are up huge this AM after Potash revised their Q1 earnings estimates from $0.70 - $1.00 per share to $1.30 - $1.50.  Here's the release.  One wonders how the business climate changed so much for them between January 28 when they gave their initial guidance and March 11 (seriously...the model allows for 85% upside swings over the course of 5 weeks?), but I guess you don't care if you're long.

I'd been kicking around the idea of some CAGC early this week but the chart freaks me out.

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