Fertilizer stocks like this one and MOS are highly cyclical. Fertilizer has taken a beating lately, if things get uglier this stock could get cut in half. If things go okay it could easily double and outperform others in the group like the bigger MOS. IPI could also get bought out any time.
Comment:
The stop I left on the chart is too tight. This is an investment. I plan to hold unless the stock falls into the single digits and stays. Or if something happens to fundamentally change the fertilizer industry. I doubt it.
Trade active:
Still have a small investment in IPI. Not much action yet but it can move huge when it does