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POT-Get Rich Legally

post #1 of 19
5/9/07 at 3:54am
Thread Starter 
Gentleman.....I will keep this DD brief.....POT has just put out a PR announcing a 3 for 1 split that will happen May 22nd 2007. Right now it's trading at 190...a year ago this was at 75 and that was coming off a 2 for 1 split just two years ago. You can do your own DD but when this splits down to 63 in a couple of weeks, and history holds true, this will be a mid 150 stock again within 12 months. I know it's still costly at 63 but if you look at the companies Financial Statements you will see roughly 5 billion in sales and over 500 million in Net Income year over year. The industry's prices have doubled and this company is the number 1 manufacturer of Fertilizer in the world......Happy Investing
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post #2 of 19
5/9/07 at 3:56am
Moved to the big board section!

-Spec
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post #3 of 19
5/9/07 at 4:00am
Someone confirm! Im too lazy
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post #4 of 19
5/9/07 at 4:05am
Thread Starter 
Quote:
Originally Posted by Fruitcity
Someone confirm! Im too lazy
If you are too lazy to do your own DD..then you don't deserve to reap the rewards...please put this on your "watch" list and "watch" what it does.
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post #5 of 19
5/9/07 at 4:07am
he is fruiting it up
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post #6 of 19
5/9/07 at 6:03am
This stock is a large component of the TSX composite index and was the 14th best performer for last year on that index. It is in a huge uptrend with huge demand for fertilizers. Also other competitors in this field in our province here have been looking at bringing more potash mines online. Their problem is that it costs way too much for the other companies to do so but POT has the problem solved with its huge mines. I would continue to hold here
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post #7 of 19
5/10/07 at 3:23am
Thread Starter 
Another BIG POT day...this one is exploding in light of the 3 for 1 stock split
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post #8 of 19
5/17/07 at 3:08am
Thread Starter 
closed at 201 today.....15 more than when I posted....I'm pretty good arent I
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post #9 of 19
5/17/07 at 4:14pm
206++++
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post #10 of 19
5/17/07 at 10:22pm
Thread Starter 
This one will hit 210 by tomorrow....it got up to 207 today...when it splits on 5/22/07 and goes down to 70, it should shoot right back up to 120ish within 6 months. This stock has a proven track record.
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post #11 of 19
5/17/07 at 10:58pm
its at the top of its trend line...it may bounce down or have a breakout
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post #12 of 19
5/18/07 at 1:45am
This may seem like a newbish kind of question for some but is there a minimum limit on the amount of shares you can buy, like 10 shares?
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post #13 of 19
5/18/07 at 1:47am
Minimum amount of shares you can buy is 1 in any stocks in any exchange.
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post #14 of 19
5/18/07 at 1:51am
ok thanks. I know ive heard stories where people were asked to either sell their 30 shares or buy 70 more so they had a block of 100. I am thinking about buying some shares of this company soon.
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post #15 of 19
5/19/07 at 3:37am
Quote:
Originally Posted by FightingSioux
This one will hit 210 by tomorrow....it got up to 207 today...when it splits on 5/22/07 and goes down to 70, it should shoot right back up to 120ish within 6 months. This stock has a proven track record.
Upon completion of the stock dividend, the number of shares outstanding will approximate 315.4 million. PotashCorp's common shares are expected to commence trading on a split basis on May 17, 2007 on the Toronto Stock Exchange and May 30, 2007 on the New York Stock Exchange.
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post #16 of 19
5/19/07 at 3:51am
On May 2, 2007, PotashCorp announced a three-for-one stock split that gave all shareholders two additional shares for each share owned on the record date of May 22, 2007.

So what happens if I get in on the 23?
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post #17 of 19
5/19/07 at 4:52am
Quote:
Originally Posted by mookie9920
On May 2, 2007, PotashCorp announced a three-for-one stock split that gave all shareholders two additional shares for each share owned on the record date of May 22, 2007.

So what happens if I get in on the 23?

You pay 1/3 of the current price for the shares.
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post #18 of 19
5/19/07 at 5:32pm
Upon completion of the stock dividend, the number of shares outstanding will approximate 315.4 million. PotashCorp's common shares are expected to commence trading on a split basis on May 17, 2007 on the Toronto Stock Exchange and May 30, 2007 on the New York Stock Exchange.

What does that mean then?
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post #19 of 19
5/21/07 at 1:09am
Thread Starter 
Quote:
Originally Posted by mookie9920
Upon completion of the stock dividend, the number of shares outstanding will approximate 315.4 million. PotashCorp's common shares are expected to commence trading on a split basis on May 17, 2007 on the Toronto Stock Exchange and May 30, 2007 on the New York Stock Exchange.

What does that mean then?
It means you get rich Newbie
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