Potash (POT) NewsBite - POT Downgraded By JP Morgan

Posted: Friday, July 24, 2009 1:34 PM EDT
By: Market Intelligence Center Staff





Potash (POT) was downgraded today by analysts at JP Morgan and the stock is now at $95.11, down $0.67 (-0.7%) on volume of 6,149,173 shares traded. The analysts downgraded the stock to Neutral from Overweight. Over the last 52 weeks the stock has ranged from a low of $47.54 to a high of $214.83. Potash stock has been showing support around $82.53 and resistance in the $104.23 range. Technical indicators for the stock are bearish and S&P gives POT a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on POT the stock seems like it could be a candidate for an August out-of-the-money bear-call credit spread above the 110 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For Potash (POT):

Potash (POT) Showing Bullish Technicals With Resistance At $48.08

Monday, February 06, 2012... Potash (NYSE:POT) closed Friday's dramatic trading session at $46.93. In the past year, the stock has hit a 52-week low of $38.42 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1332715

Potash (POT) Showing Support Near $45.78 With 0.61% Dividend Yield

Tuesday, January 31, 2012... Potash Corporation of Saskatchewan Inc (NYSE: POT) closed Monday's trading session at $47.25. In the past year, the stock has hit a 52-week low of......

http://www.marketintelligencecenter.com/analyfav/1331385

Potash (POT) Down 0.6% as Markets Slide on Debt Worries

Monday, January 30, 2012... Potash (NYSE: POT) was lower Monday as markets for equities and commodities slid as worries about the Greek debt crisis jumped back to the forefront......

http://www.marketintelligencecenter.com/newsbites/1331241

Potash (POT) Could Break Through $45.17 Resistance Level

Wednesday, January 25, 2012... Potash Corporation of Saskatchewan Inc (NYSE: POT) closed Tuesday's trading session at $44.43. In the past year, the stock has hit a 52-week low of......

http://www.marketintelligencecenter.com/analyfav/1330097

Potash (POT) Trading Near $44.34 Support Level

Thursday, January 19, 2012... Potash (NYSE:POT) closed Wednesday's positive trading session at $45.41. In the past year, the stock has hit a 52-week low of $38.42 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1328937


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