Potash Corp. of Saskatchewan – Finally at a price point that makes sense!

There are a lot of stocks on our wish list but the price always seems too high.  As we have stated in our market piece on the S&P/TSX 60 we are at an interesting risk/reward juncture in the Canadian market.  Looking for buy candidates within the index can be a challenge depending on your point of view of the market place.  However scanning the horizon Potash Corp. (POT) does look interesting.

Model Price Chart on Potash Corp. (POT-US)

Potash Corp – US with weekly price bars, EBV Lines (colored lines) and model price (dashed line)

For those interested, a daily updated chart of POT subsequent to this post will be maintained on Facebook, here.

Long Term Model Price Chart on Potash Corp. (POT-US)

Potash Corp. -US with monthly price bars, EBV Lines (colored lines) and model price (dashed line)

Potash Corp. has bounced off EBV+5 three times since 2008.  Last time POT hit EBV+5 was late 2010, and then traded up to EBV+7.  Well here we are again!

The purpose of this blog is NOT recommending stocks, and I’m not recommending POT to anybody.  However, I do like being a “birddog” if you will and I do like pointing things out.  Potash Corp. is worth pointing out.

3 responses to “Potash Corp. of Saskatchewan – Finally at a price point that makes sense!

  1. katherynleszczynski January 28, 2013 at 9:15 am

    Brain, I have to tell you I bought Potash Corp on your recommendation and bought in at about $37.60 in the middle of November, 2012- thank you as I feel I was ahead of the curve with what it’s priced at today- looking forward to your analysis on BNN today.
    Thanks again, Katheryn

  2. katherynleszczynski January 28, 2013 at 9:16 am

    Sorry I meant Brian, not “Brain” haha.

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