Citi Knocks Potash (MOS, POT)

Posted in pre-market 
September 14th, 2009

The Mosaic Company (NYSE: MOS) and Potash Corp. of Saskatchewan (NYSE: POT) are both getting clipped on an analyst downgrade this morning.  The two potash leaders were both Cut to Hold from Buy at Citigroup.  Volume is still light because of the specialist being in controil, but that light volume will start to surge as the open gets closer and closer.  At 8:25 AM EST we have MOS down over 2% at $51.07 on only about 4,000 shares and POT shares are down about 2.5% at $87.60 on 16,000 shares. -JON OGG

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