View Single Post
Old 11-30-2010, 10:29 AM   #2726
waddy41
Rs has made me the man i am today!
 
Join Date: Apr 2004
Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
Failed 11 Times in 6 Posts
No I'm out of Potash ATM...I had KCL, WPX and EPO since spring but I sold them all too early...
Is it weird that both Encanto and Western Potash both announced PPs on the same day?
In my uneducated opinion, the first thing that popped in my head was that those companies want to raise cash on their own and do not want/ see a takeover in the near future. So S/Hs waiting for a bid were a bit turned off, therefore leading to the sell off.

I just put a lot into AVR..big risk big reward....
waddy41 is offline   Reply With Quote