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AGRIUM INC T.AGU

Agriculture Agricultural Inputs
"With more than 1,400 retail centers, Canada-based Agrium is the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, and seed directly to farm customers. The company's wholesale business produces and markets the three main crop nutrients--nitrogen, potash, and phosphate--with natural resources located mainly in Canada and the United States. The bulk of Agrium's sales are generated in the U.S., Canada, and Australia."


TSX:AGU - Post by User

AGRIUM INC
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Post by DoubleManon May 23, 2008 11:33am
312 Views
Post# 15103631

AGU continues to drop on "upgrade" ..

AGU continues to drop on "upgrade" ..

The recent May 5th upgrade by TD Securities for AGU to $125.00 seems to be nothing but a bunch of hot air...the SP has fallen over -$10.00 in one week..

Also..one would think that the latest news from CEO of POT that the commodity pricing would have to double to economically allow for more mining expansion...would have anticiapted that the reaction to this statement would have created more demand for potash....and subsequent SP and commodity increases....

This is most disappointing..profit taking is one thing...but IMO there appears to be a lot of trading by "ANONYMOUS"  for both POT and AGU....I still cannot figure out why the OSC allows anonymous trading as it unfairly allows institions to trade without indentity...and for wahtever reason...manipulation.

Time for a drink.....

 

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