Potash Corp. of Saskatchewan Inc. (POT)

40.35 11.15
Prev Close 362.00
Open 402.35
Day Low/High 402.35 / 402.35
52 Wk Low/High 297.20 / 402.35
Volume 2.47K
Avg Volume 3.58M
Exchange n.a.
Shares Outstanding 840.16M
Market Cap 17.29B
EPS 0.40
Div & Yield 0.40 (2.00%)

Today's Takeaways and Observations

Here are my thoughts as the day wraps up: Did I mention the market has no memory from day to day? Did I mention the market has no memory from hour to hour? Did I mention the market has no memory from minute to minute? At 3 p.m. ET stocks were a tad ...

The Long and Short of It

Here is a partial list of my current longs and shorts: Longs: Yahoo! (YHOO), Potash (POT), Citigroup (C), Bank of America (BAC), JPMorgan Chase (JPM), Fifth Third Bancorp (FITB), Twitter (TWTR), Macy's (M), Best Buy (BBY), Bed, Bath & Beyond (BBBY),...

This Morning's Trades

I'm adding to my long of Potash Corp. (POT) and (as previously mentioned) selling half of my shorts of Exxon Mobil (XOM) and Schlumberger (SLB).

Trader's Notebook: Kinder Morgan Could Rally, but It's Still Broken

The first level I'll be watching is $15.20.

Today's Takeaways and Observations

Here are my thoughts on the day: The market's complexion continues to change, for the worse. Everything might be beautiful at the ballet  (my favorite "Chorus Line" song), but not in the markets these days. Check out these lessons on investing from ...

Always Look on the Bright Side of Life

"Some things in life are bad They can really make you mad Other things just make you swear and curse. When you're chewing on life's gristle Don't grumble, give a whistle And this'll help things turn out for the best, and ... Always look on the brigh...

Buying Even More POT

I continue to add to Potash Corp. (POT) on the long side. (Note: POT is my sole cyclical/industrial long.) It would be a nice day for the company to announce a share-buyback plan!

Today's Takeaways and Observations

My thoughts as the day concludes: Tough and inconsistent market, but things could be worse. Kill the Quants before they kill our markets. Again, Mr. Market has no memory from day to day. Random moves continue, thanks to risk parity, gamma hedging an...

Scored Some More POT

Throughout this year's bear market in industrials, I've owned but one cyclical stock -- Potash Corp. (POT). And that's been one to many! Still, I added (small) to my POT holdings today at close to the stock's current price.

Adding to Macy's, Potash Longs

I added further to Macy's (M) at $38.50, which is now a large position, and Potash (POT) at $19.15.

Today's Trades

I used this morning's reversal to take in all of my ETF shorts. The market is getting too "whippy" for me, and I prefer going forward to emphasize individual equity shorts. (See my last post for a list of my individual-stock shorts.) As such, I: Exi...

My Advice: Buy Some POT

I'm making Potash Corp. (POT) my "Long Trade of the Week" at $19.25. I added to my POT stash yesterday as the company refuted CEO Jochen Tilk's remarks that the firm was considering cutting its dividend to boost share repurchases. Subject to price, ...

Today's Takeaways and Observations

My thoughts on the day: The market has no memory from day to day, plain and simple. In this post I explain why we should not be influenced by short-term trends and why the randomness and program-oriented market ruins charts and befuddles technical a...

Still More on POT

Reuters is now quoting a spokesman for Potash Corp. (POT) as saying the company "is not actively considering any reduction in the dividend. We view (the dividend) as a top priority and sustainable." In response to this clarification, I'm adding to m...

More on POT

Below is an excerpt of Reuters' report this morning on what Potash Corp. (POT) and CEO Jochen Tilk said this morning regarding a possible dividend cut: "Tilk said the company is considering whether to reduce its dividend and instead return cash to s...

POT's Not Smoking

Break in! Potash Corp. (POT) is considering a reduction in the dividend and the repurchase of stock.

Agrium's Market Outlook

Here's some color from a presentation that Agrium (AGU) made at today's Scotiabank Mining Conference. Agrium is the world's largest crop-input retail distributor. Its key peers are CF Industries (CF), Mosaic Co. (MOS) and Potash Corp. (POT). Some of...

Go Simple on Potash Trades

Go Simple on Potash Trades

December $20-$18 put spreads for under $0.70 limit risk, offer solid return.

POT Prices Are Stable

Potash Corp. (POT) is trading flattish despite a reasonably good earnings report yesterday from rival Agrium (AGU).

Good News for POT Heads

CNBC contributor Pete Najarian recently cited bullish call activity in Potash Corp. (POT).

A Mosaic of Good News for Potash

Fertilizer maker Mosaic Co. (MOS) reported a top-line miss but a bottom-line beat this morning, and the shares are trading up nicely as a result. The good news is likely pulling up shares of Potash Corp. (POT) as well. Here's a summary of Mosaic's e...

POT Prices Are Rising

Potash Corp. (POT) is beginning to participate in the industrial/commodities rally now.

Today's Takeaways and Observations

So many things make so little sense to me -- but they make sense to the majority of investors. I don't get it, but it is the current reality. As I have suggested, it could be beginning of monthly inflows (recent equity inflows have been vigorous), b...

Today's Takeaways and Observations

My thoughts on the day to this point: Another win for the bulls. Uneventful, inside day, thus far. Bonds were the feature, with yields rising in a delayed response to the Fed's statement yesterday. Crude flattish. Municipals were flat and junk was o...

From The Street of Dreams (Part Trois)

I neglected to mention last week that Bernstein upgraded Potash Corp. (POT) to Outperform from Market Perform, with a $28 price target. The move was mostly a valuation call based on the notion that there will be continued "price discipline" in the p...

Today's Takeaways and Observations (TGIF Edition)

Here are my thoughts for the day: For a change, an "inside day." The market seems a bit tired after a terrific run-up. The Russell Index is the red-headed stepchild. Bonds well bid, with the 10-year U.S. note yielding trading around 2.00%. Municipal...

Recommended Reading (Part Deux)

The market -- Mikey likes it! Or make that Dickie! Here's a good summary from Dick Arms: An OK Rally Could Advance From Here. And Mike Norman likes POT -- Potash Corp. (POT), that is!

It's a Great Time to Buy Some POT

Potash Corp. has dropped more than 50%, but has good fundamentals.

Big-Name Stocks With Long-Term Appeal

Buffett isn't the only one who can benefit from 'forever' investing.

A Cure for Volatility's Common Side Effect

When the self-doubt kicks in, how will you handle it?