Grass Roots Fertilizer Stocks

[tbv]

Can happen for sure. I tell you though I would not want to own the chart you posted if for no other reason than the nasty divergence between price and MACD. That looks like losing momentum big time to me. I have traded some amazingly strong markets and I think it is a safe generalization to say they revert to their 200 Day MAs once during the year. There are always exceptions but I don't try to play exceptions to probability. With all that said I think the more likely time for this to happen is going into the late spring. These things have had a big run though and the sentiment was pretty crazy bullish. I would not use the B word like RocketFred because the fundamentals behind these little fellows are very supportive even at the their recent highs. They may have been pricing in success a little too far in the future but I see no reason to think this stable of juniors will not succeed.