Monday, February 15, 2010

Norway's Yara Buying Iowa-based Terra (TRA) for a 25% Premium to Friday's Close; Here are TWO Other Stocks to Watch:

With China leading the world in terms of fertilizer usage over U.S. by more than 2:1 (19% - 9%), Oslo-based Yara is looking to take andvatage of the 60% drop in natural-gas prices in last two years and secure this geosociographic business opportunity:
http://www.nytimes.com/2010/02/16/business/16yara.html?partner=yahoofinance

Interesting nugget: 2.9M shares of TERRA (TRA) SHARES ARE TRAPPED SHORT, previous month's short interest was 3.7M, so 22% of hedge funds squared up,  just in time.
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Here are two stocks POTC recommends subscribing to for technical alerts and eventually trading volatility over the next several days to weeks:
1) AGRIUM INC (AGU)
2) THE MOSAIC CO. (MOS)

Developing countries have become a boom for fertilizer companies, click image to view:

Happy Presidents' Day to U.S. subscribers, and to a profitable four-day week ahead to all,
POTC-
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1 comment:

Anonymous said...

I liked this it was very nice post.
KP