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| Higher Canadian Dollar hurting the Potash Corp. bottom line on export? We could see 20% retreat on the stock just like RIM after earning. | ||
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From: Rick Wellman <rick.well...@gmail.com>
Date: Sat, 17 Oct 2009 10:17:13 -0700 (PDT)
Local: Sat, Oct 17 2009 1:17 pm
Subject: Higher Canadian Dollar hurting the Potash Corp. bottom line on export? We could see 20% retreat on the stock just like RIM after earning.
Potash Corp. is loosing the grip on Export on higher Canadian Dollar.
We could see big drop on Potash Corp. stock after earning reporting Oct 22, 2009 (Q3 2009 of Saskatchewan Inc. Earnings Release) Experts are rating this stock as SELL with price target cut to $80.
Demand is so low that Potash and others had no choice but to cut
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