Comments on: “Greed, Fear, and Private Potash” from Andrew Mickey

By: kahlua

kahlua — Thu, 03 Jul 2008 11:43:50 +0000

I’m an avid fan of this website and enjoy reading everyone’s input. Does anyone have an opinion on Intrepid Potash (IPI)? I bought this at $47 and have watched it go up to $75 and now its sinking below $65. I don’t plan to sell but I see so much written about MOS and POT

By: Myron Martin

Myron Martin — Mon, 23 Jun 2008 12:35:07 +0000

Mickey has made some great calls, but you need to be paying attention and ACTING promptly to maximize profitability which is counter intuitive to a basically buy and hold guy like me, but i am learning. I DID buy Anglo Potash and mora than doubled my money when it was bought out by BHP Biliton.

I rolled the money into Potash One and while I do not have a double YET, I will sell when I got close to that number. IF Potash North drops further I would consider buying, the key to making money with these junior stocks is to buy on dips an sell on runups as new players enter the market. As Gumshoe has observed, it will be many years down the road (if ever) that these companies actually DEVELOP a mine and generate actual profits.

Obviously some big names in the mining industry BELIEVE there is good potential down the road or they would not be investing big bucks to find new deposits, but as always there are no guarantees, all we can do is watch the market like a hawk and make educated guesses. Myron

By: StockGumshoe

StockGumshoe — Fri, 20 Jun 2008 21:00:53 +0000

Looks like this one is going to be in heavy rotation — just got another email saying that if we get in by June 30 we could see this $3 stock launch to $45 a share. After getting many comments on this one and reading up a bit more, I’m convinced this pick is indeed Potash North.

Of course, I still have significant doubts that it’s going to go up 15 times in value real quick — or that you’ll have to own shares by June 30 for that to happen, if it does. It’s already up 200% since the IPO, two weeks ago, so what do I know?

Here’s an interesting article from Resource Investor on the company:
http://www.resourceinvestor.com/pebble.asp?relid=43566

By: Ponce

Ponce — Fri, 20 Jun 2008 03:55:33 +0000

Like DeHaemer, A. Mickey is overly optimistic in his recommendations. Look what happen to Blue Bayou Oil, it is a BUST BAYOU.

By: An Old Guy

An Old Guy — Thu, 19 Jun 2008 21:42:18 +0000

One has to wonder that if these “great” opportunities are so profitable, then why are the various advisory letters so anxious to sell the info. The obvious answer is that pelting the “info” is more profitable than acting on the “info”.