When investing I often try to look at macro trends of commodity's or securitys to profit on a bottom reversal. Once a commodity has bottomed to a support level where the market has enough support and the supply starts to go down the commodity price will often go back up in a reversal thus is where you have to watch closely to time the market correctly to be able to make a nice profit and sell when it goes back up.
I am keeping an eye on potash I think the commodity might finally be at a bottom or close to it. Potash has been in a 10 year down turn cycle of the commodity just going down. Once this commodity has finally found a bottom I plan to buy shares of company's that sell potash such as Potash Corp (POT) and Agrium Inc. (AGU).
*DISCLOSURE INVEST AT YOUR OWN RISK AND DO YOUR OWN RESEARCH.
Interesting, usually I just watch the metals. Might be time to widen my scope.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why would you wait for price to drop then go long ?
(In this case) Why would you expect sales to increase when sales have been dropping (10 ?) for years. If organic growing was on the increase, sales would be going up. Not enough to stave off the decrees, so yes, sales is collapsing. Why would you think sales are going to increase, this IMHO is NOT a dead cat bounce ... Unless you have inside info or news of NEW uses for potash, this about to become a dead market. Imho ... If the trend is true, Short the stock til it is dead ... IDK lol I really have not done research on pot ash production, just from what little I actually know about it.
Read More, Reason More ... JTS
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The price is dropping due to oversupply same as oil when the supply level goes down the prices go up which makes your profit margins better same with the oil companies
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
oversupply = decrease in consumption? Stock dropping trend for 10 yrs is a hint ...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
http://marketrealist.com/2017/02/demand-supply-outlook-potash-2017/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Supply is stable and good according to this article but who knows. The price drop could be due to competition in the market and overabundance of supply etc.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Potash is fertilizer why would it suddenly cease to exist? Farmers use it
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Farmers are a dying breed, most are corporate growers now .. not the same ... use different ferts, why sales are prob dropping ... I was commenting on why you would go long AFTER a 10 yr downtrend.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Maybe a macro trend reversal perhaps? Do your own DD. Fertilizer still has to be used to grow plants vegetables etc
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
potash is not THE ONLY FERT ... HAVE A NICE DAY
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I didn't say it was sir.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I never said that you are putting words in my mouth. I never said the only fertilizer. Read up study do your own due diligence.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You said "potash is dead" when It is not just stating facts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
https://www.google.com/amp/s/seekingalpha.com/amp/news/3272696-potash-names-rally-uralkali-reported-plan-belarus-talks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What would everyone eat if all the food supply suddenly dies off?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
so really you just want to argue ... no thank you, this conversation has left the topic. I asked a simple question, no response ... thank you, have a nice day
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wtf your the one that wants to argue. If you don't agree that's fine.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's called an investing stratagy you buy at the market bottom in hope that it will go back up or rise.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nothing is an exact science
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @acassity! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPBy upvoting this notification, you can help all Steemit users. Learn how here!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit