Club Mulgoa

Tuesday, March 08, 2011

GMM

How can a potash stock fall? When I send my note today on GMM, it was 19.5c. It closed at 22c. If you want to buy, of course, you should acted when I sent my note!

I have put in my application for Potash West. Now I have to wait to see whether I will be given any. What I know from history is, if I get any, it will usually rise a little or fall. If I fail to get any, it will often rise and rise and rise and rise. Of course, it isn't always true. I got a great allocation for RMP and made a nice paper profit, up nearly 50% in about a month.

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