TSXV:AAA.P - Post by User
Post by
englishfrogon Aug 01, 2013 1:17am
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Post# 21643046
Maybe a small bounce tomorrow?
Maybe a small bounce tomorrow?If memory serves, it was PT Barnum who once said...."there's no such thing as bad advertising, as long as they spell your name right.
I'm only invested in two potash junoirs, both mentioned in the reuters article, AAA and PPI. This might be a stretch, and we'll see tomorrow if there's any impact.
But I know I'm not the only investor who likes to seek out depressed and out of favour sectors...and potash fit the bill even before the news out of Russia. Now obviously the break-up of the russian cartel caused some investors to bail...d'uh.
But now that the junoirs are beaten down even further than they already were, I'm thiinking (hoping in vain perhaps) that there may be some $$$ sitting on the sidelines that's going to be looking for a home in this depressed space...and the reuters story miight give some people a starting point if they're looking for stocks that have taken it on the chin over the past couple of days...although PPI is holding up better in terms of PPS.
After all...the article had the company names spelled correctly.
We'll find out tomorrow, maybe it'll be at least good enough for a dead cat bounce.