Bookkeeping: Limit Buy Order for Potash (POT) Kicks In

By IBTimes Staff Reporter | January 20 2010 1:58 PM

A limit buy order for Potash (POT) near $112 executed today, which will take our stake up substantially to about a 2.4% allocation, The price was chosen for because to reach this level the stock would have to fill a gap and then reach the 50 day moving average.

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On first glance a stop loss below $108 would seem sensible. There appears to still be a tiny gap around $110...

Long Potash in fund; no personal position

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