Thursday, January 31, 2008

Top 25: #1 Potash

Time for a refreshing new look at the market, i.e. my favorite 25 stocks. Lord knows they've all been beaten to pulp and left for dead in an alley. I'll start with my new No. 1, Potash.

POT 140.80 +4.55 (+3.3%)
50-day SMA: 129.76
This is one of the few stocks that held up rather well through the tumult of the market. Meat is murder in the eyes of all vegans, but that hasn't stopped China and India's growing demand for it. Must raise crops ... must raise soybeans ... must soybeans/fertilizer to animal ... must eat animal. Too bad Potash isn't cheap anymore.

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