Q: Hello 5i,
There has been a few questions on why Nutrien was rising. This video shows the effect when China and Russia cut off exports of phosphorous, and now the big surprise that was just announced. We purchased NTR a few months ago and have done well. See the link below for information on a major discovery.
https://www.youtube.com/watch?v=5ktIzM4BGgg
Do you have any comments? Would you consider selling 1/2 or all of NTR based on the new discovery?
Thank you for your help.
D&J
There has been a few questions on why Nutrien was rising. This video shows the effect when China and Russia cut off exports of phosphorous, and now the big surprise that was just announced. We purchased NTR a few months ago and have done well. See the link below for information on a major discovery.
https://www.youtube.com/watch?v=5ktIzM4BGgg
Do you have any comments? Would you consider selling 1/2 or all of NTR based on the new discovery?
Thank you for your help.
D&J
5i Research Answer:
It is an impressive discovery, but note that it is not 'news' to investors and hasn't stopped the stock from rising 32% this year. It will take time to develop. It does add some longer term risk, as obviously a large new increase in supply can impact prices. But NTR is and always will be cyclical, and supply/demand has always been the big driving factor of the share price. We would, as always, manage position size to reflect this. We would not sell JUST on this news at this time.