Just had a thought. This is just the type of stock that warrants having a
hybrid approach to stock picking. We all know that the fundamentals are sound.
But if you buy just based on fundamentals and ignore TA and the market
climate/cycle you'll be burned. A Pickr said it last week that timing is just as
important as price when entering a position. But I guess I'm not much of a
"value" investor.

I struggled with that for a while. But the street is being irrational and they
are in the midst of a strike. Long term I think it's great. But do you want to
see more red?? I think it can go to the 150 range as well. Personally I don't
like keeping money tied up waiting for a stock to recover when I see a lot of
other things working that can make me money right now. But I do stick with some
stocks.(Long AAPL) I'd say sell and put your money in something that's just
starting to take off like beverages or jump on the biotech train. When it comes
back to the 200 range then maybe dip in. I'm rambling but I was over at the
Google boards and everybody there act as if the stock hasn't dropped 30%. It's
a heavily owned institutional stock and they have moved on for whatever reason.
In the end if you see other things you want to buy and the money is tied up in
Pot, sell, take the loss and buy something that is working. Keep and eye on it
in the mean time. When the momentum train returns think about getting back on.

I think there will be another gravitation to ag, particularly potash because of
the visibility with per tonne pricing. I would not sell, but wait till it hits
$150 to add to a position. The momementum players should swoop back in around
that level.

i'm a little weary of ag right now, just because of the sentiment towards those
stocks lately, though I still belief in the fundamentals, it seems the street
does not, and ultimately, that's what matters, so if you do want to stick with,
I think you will feel more pain because you can see that stock move 30, 40, 50
points in the down direction and in the up direction, because of the fact that
it at least was a 200 dollar stock, and a very volatile one at that. You could
use options to put in a hedge on what you own, a while back Cramer had a
street.com video exactly about that, so maybe take a look at that. I think the
boom might be over though, at least for quite a while.