Potash Corp. of Saskatchewan, Inc. (POT) Down 4.5%

By Tim - http://stockstobuy.org

Shares of Potash Corp. of Saskatchewan, Inc. (POT) are down 4.5% in pre market this morning after Canada is blocking BHP's bid for the company

Potash Corp. of Saskatchewan, Inc. (POT) is trading at $139 in pre market today and has cracked $140 for the first time in awhile. Potash Corp. of Saskatchewan, Inc. (POT) will now have support down around $135 but I can't see the stock falling below $130 any time soon. Potash Corp. of Saskatchewan, Inc. (POT) is probably worth around $150 due to this deal being old and the improving stock market conditions. The problem is the Potash Corp. of Saskatchewan, Inc. buyout premium will be taken out of the stock.

Potash Corp. of Saskatchewan, Inc. is a strong buy below $130.

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