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Potash lowers 2009 guidance, stock still looks bullish

posted September 19, 2009 - 10:36pm
Potash lowers 2009 guidance, stock still looks bullish

An economic recovery may be underway, but Potash is a good example of how there will be blips on the road to recovery. On Friday, September 18, 2009, Potash lowered its full year 2009 earnings target.

So far, POT is holding up nicely considering the significant cut in earnings expectations. Looking at a 3 year weekly chart of POT, it looks more bullish than bearish and may actually move higher after this small drop.


Article: http://www.examiner.com/examiner/x-14436-Stock-Mar...

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