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Listening to a business report I heard about this stock:
Terra Nitrogen Company, L.P. (TNH) Last 13.45 Open 10.30 Change +3.15 Previous Close 10.30 % Change +30.58%
The company declined to say why the sharp increase in price, but it is suspected they are going to report much better profits and revenue. In conjunction with that I also heard there is going to be greater demand than supply for agri-chemicals.
I'm not touting this company. Chances are that ship already sailed.
What I am asking if anyone knows any agri-chemical penny stocks.
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The only problem I have with agri-chemical companies is that all their chemicals are destroying the world and mankind...
Once we as a society outlaw the use of these chemicals the prices will tank...
This may never happen but eventually it will have too...
Also with all the animal based deseases which are only going to get worse, a lot of farmers are closing their farms and are not able to purchase chem....
I know you asked for picks but I don't have any....lol
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I hear what you're saying Gregg. Much like the folks that are opposed to QBID in principle, because of the life style, but for the sake of money will "get in bed" with QBID. My likes and dislike don't mean much as long as it's legal.
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Well, I missed QBID. I was either too late finding allstocks, or wasn't ready to buy anything for a couple of weeks after coming here. Those who got in @ .0001 had ooportunity to 35 times their investment. I read one fellow had 24MM shares, $84,000 for $2400, impressive. I doubt it will see anything below .0010 again. That ship sailed, but there will be others. I would have never put $2400 in it anyway, and knowing myself I sure wouldnt have sold at .0036 even if I only put up $200. LOL
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Hey Will, I agree THAT particular ship has sailed but the company has another ship in the harbour, and it's boarding...with sooooo many people owning this stock or interested in it, all it needs is news and volume and it will spike again, could be soon...
It won't go below .0010 again but in 3 - 6 months it could be at .01 , that's 1000% profit, buy at .002 that's 500% profit