Mad Cows!!

Week #5

Which cut of meat is your favorite? Because the moo cows have been taken to the butchers!

Our strategy to buy potash companies with the understanding that there is a higher demand for potash fertilizer due to poor soil conditions in the US may have been implemented to soon. Consider the fact that we are nearing the end of the harvest season across the northern hemisphere and that this time of year potash itself is not in demand. Potash companies may not have been the best choice at this point in time, however five months from now when farmers are planting and fertilizing crops again the demand for potash will be higher, and the stock will likely be worth more. So we have decided to quit POT and cut our losses.

Fool me once shame on you, fool me twice shame on me. Or shame on me both times?

Did we mention that it was not until Thursday and Friday rolled around that this theory about why potash companies are doing poorly occurred to us. Unfortunately we made the unwise decision to buy Potash One Incorporated which has not been doing very well. Thinking about it now we should have shorted KCL.TO and done more research into the agriculture industry and potash companies. It is interesting that CF Holdings, is doing well and our POT.TO and KCL.TO are losing more and more every day.

GDX share price fell $1.30 while we held it and with the end of the game fast approaching we needed out of losers and into some more winners.

This week we have come down with a case of...

An Apple a day keeps the doctor away! Apple is good, very good. On Wednesday when their stock price went down, we decided to wrangle up another heard of Apple shares. YEEHAW!!!

Moo.