GO
Loading...

Web Extra: Burned By Potash

A long position in Potash looked like a hot trade but all it did was burn. So how is Joe Terranova trading this stock now?

The Liquidator made the fateful call on September 8, thinking that international demand for the fertilizer would be robust.

"You never want to fade something China needs," he said. "And China is short of Potash. I think this space continues to outperform the S&P."

Symbol
Price
 
Change
%Change
POT
---
Symbol
Price
 
Change
%Change
S&P 500
---

Unfortunately since Terranova made the call, Potash went down and the S&P went up. Not the move he was hoping for.

So what does he have to say about this stock now! Find out in this web extra. Watch the video now!

This content is only available online - you won't find these trades on TV.





______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to fastmoney@cnbc.com.

CNBC.com with wires

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET

Halftime Report