potash stocks was soaring in us & ca on friday

The markets were not good on last Friday 28th Jan. for most stocks.

However potash stocks have added $1.127 billion to their market caps as they kept soaring in same day while most stocks were sold off.

You can see the details on the image below (copied from an excel sheet I have made)

Major financial institutions like Citibank, Deutche Bank, RBC, and others raised their price target for most of the producers on the day.

The news were coming with headlines below ;

"All the stars have aligned for fertilizer producers"

"Potash prospects produce high hopes"

"Potash rides wave of demand as food prices surge"


Trading against good fundamentals is very dangerous
and could make you regretful for life.
Fundamentals are everything. They are supporting factors to buy or sell something. If something has good fundamentals, you would want to buy it because it will likely appreciate in value. If something has poor fundamentals, you would probably want to sell it or trade against it to make money as it falls in value.

ELM has good fundamentals.
It's a BUY, but NOT A SELL IMO