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Message: Re: MGO.to

May 26, 2011 03:41PM

May 26, 2011 07:19PM

Well, it's not without risk - all these Chinese companies have extra potential for fraud. My current Chinese disaster is PUDA.

Still, it's retraced most of the gains from last year's potash run and I like the falling wedge formation. Also, the place to give up is not much further down (about 5.50). A few of the small potash stocks are showing signs of life (WPX.v, FOS.to, EPO.v), so I'm thinking this year the fertilizer stocks could start moving a little before the normal period of seasonal strength (July). We'll see....


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