It sounds like you are suggesting that I am pumping to dump? A month or two ago I posted that I had a short term target of around 15.5 to 16.5. When it got to that level, I sold a small part of my holding, partly because September to October typically is correction time and markets looked like they were ready to correct further as MNB reached my short term target and because I was already very heavily overweight from much lower prices. I wasn't encouraging anyone to buy on that short term high and don't apologise for taking part profits. I have since bought around half of those back again during this pull back. The rest went into a couple of other stocks to rebalance my portfolio a bit. This is my largest holding by a large margin. I'm currently at zero cash in my trading account so I will take part profits again the next time I think this might have reached a short term peak. With the zero carbon ammonium project, I see a lot of blue sky potential and while it's nearly impossible to put a number on that, I can see the potential for this stock to reach $1. I also know there are risks that might prevent it getting anywhere near there and it certainly won't reach $1 without significant corrections along the way. We can put a number on the phosphate project and that number would be multiples of the current sp. How many multiples depends on your long term MAP price assumptions. I will trade this stock occasionally and rebalance my portfolio at times but that doesn't mean that my view on the stock has changed. I won't stop posting just because I also trade part holdings occasionally. Very encouraging and surprising to see the US market hold up last night after Europe was down 2% early. Maybe the market took some notice of that call by Golman Sachs? Or hopefully this September/ October correction has now run its course.
