Time to invest?

[furrowtickler]

Thinking of investing or moving some funds into Westco, Agrium ext. My feeling is that these companies are going to see some huge profits this upcoming year. Good move - bad move? Any one fert. company that is poised to outpace the others? Or am I dreaming that we are going to pay big time for fert. and natural gas will stay between $7-8?

[cottonpicken]

Very,very good move imo.
Ive been thinking the same thing but havent done any research yet.

[joedales]

Here are some thoughts - Thee companies will do will if they can sell more product at stronger prices and generate greater earnings per share........The USA is going to plant more corn acres because of the demand from ethanol and current price - this will greatly increase the demand for N P and K fertilizers....the current prices will encourage maximizing yields so no one will be cutting rates I suspect...This should result in greater earnings per share and stronger share price.....Good Luck.

Joe

[TOM4CWB]

Furrowtickler,

Watch this one.

Natural Gas is being burnt off in the middle east, coal gasification urea plants are comming on stream... there are many reasons why our fert. co's are in for a real bumpy ride. Know what you are doing... !

[cottonpicken]

Tom did you just swallow a stupid pill.

[cottonpicken]

Shouldve moved 3 months ago agrium up 75%.
Potash corp up over 100%.

[TOM4CWB]

CP,

Timing is everything.

In spring of 1996 we thought everything had changed! By 1998... we learned that high prices fix high prices.

This is common knowledge... a profit in the pocket is much better than a bird in the bush... and a bunch of broken eggs, or no eggs at all; in your basket!

As I said earlier,

Without the freedom to fail... we cannot have the freedom to prosper!

Go for it CP... it can't be much more risky than grain farming!