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AGRIUM INC T.AGU

"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

Bullboard Posts
Comment by Orwellon Oct 02, 2008 9:49pm
755 Views
Post# 15501618

RE: Good Analysis - take heed

RE: Good Analysis - take heedIf you're in the market right now, you are going up against the big boys.
If all the scamster investment banks etc. are hurting for cash, they need to create trading situations where they can make money.  They were short these stocks, and then they downgrade.  What's the rationale?  Oh potash prices are not RISING as fast as before/expected.  So what, potash prices have risen, and we don't need them to be any higher for Agrium to make tons of money.

Agrium is buying back 5% of the shares starting as soon as Monday.  AGU will not let the shareholders suffer.
The stock is a steal at these levels, AGU isn't even a pure commodity play with all the retail and distribution businesses they have.
O.
Bullboard Posts