Hopefully he did and is way bullish about it too. Great minds think alike, sure.  Seems like he thinks its the best fundamental and technical play of the year. Here is my original post and here is his.

CNEH - A Bright Future

Why I Bought A Stock With The Most Perfect Setup—Technical & Fundamental—I’ve Seen So Far In 2008

Agrium has run up quite well in the past 6 months (50%) despite the inevitable recession we are experiencing. I still like Agrium’s prospects and think it will continue to run up.

This is why

1. Forecasted EPS has risen from 1.92-2.22 to 2.80-3.00 and some even believe this number to be conservative. If they include the earnings from their acquisition, this number should be surpassed

2. Agrium is the leading producer and marketer of agricultural nutrients in North and South America and produces 8 million tons of fertilizers per year. There is already an established market and demand for Agrium’s products

3. The company continues to expand its retail side in Canada, Mexico, Brazil and Asia. Analysts see this expansion as potentially doubling the $2 billion in revenue within 5 years

However, if a prolonged global recession does occur, this will hurt revenues and take the stock lower

Technically, this looks and feels a lot like the Potash chart I posted a week ago except I feel as though risk tolerance on this one would need to be higher because the movements down are alot more sudden. Probably to shake off the weak holders

Just a quickie, I went out and bought a few shares of RIMM before its earnings. Bad move, but I really thought the 65 days that the IPhone was sold out would push earnings over estimates. Oh well, I’ll probably close the position tomorrow.

As the finance training dictates, all sorts of loans are loans, whether they are business, or personal loans. Similarly, real estate is a bond that should be saved till the last. Security dealings like travel insurance or even car insurance are exclusively for the entities they insure.
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I’ve been monitoring James River Coal Company for a while and the amazing 1400% run up is something to behold. I congratulate those who spotted this one below 10 and rode it up to the top. Below is 3 three reasons why I think JRCC will continue its bullish uptrend and 3 reasons why I think investors should find the next commodity play.

Reasons to buy:
1. James River may obtain long-term contracts with coal at prices 80+ for 2009, 2010. This means even if the bubble bursts they can maintain their margins

2. Coal prices may continue to soar as global demand especially from Europe and Asia is increasing and the short-term price inelasticity of coal supply because of fixed supply contracts puts JRCC in a favorable position

3. JRCC has expectations of $2.50 per share in 2009, yet the company has posted 8 straight quarters of losses. If a company can rise with negative earnings, imagine its fuel when it turns in profits.

Reasons to not buy:
1. Coal is abundant. There is still enough supply for hundreds of years and this shortage is short term. The current imbalance is really only about a percentage point.

2. Other economies such as China are boosting their coal production due to high prices, once everybody gets in, this will squeeze prices down.

3. Companies without earnings that have run up as large as JRCC tend to bust. .dom bubble anyone?

What do you guys think, technically this is solid

Waste Management Inc is the USA’s number 1 waste disposal company and together with two competitors owns 2/3 of the landfills in America. WMI is in a favorable position because it makes money by charging other trash haulers roughly 40 percent of total costs to use the landfills. The company is increasing their share of the landfills by investing heavily in more land WMI is getting green by trying to convert the trash from the landfills into fuel. They are the second largest company in this arena and have started to use solar panels to reduce power usage at their landfills TheStockAdvisors.com rated this stock a buy with a 45 dollar price target.

Note that I’m not that thrilled about margins and net income growth as they have seemed to taper off. However, some of this is due to the r&d involved in their energy conversion segment.

Technically speaking, this one is unarguably bullish and without much downside. The range is quite narrow with a steady upward trend supported by high volume buying. This small dip may be a good opportunity to get in before it starts to trend to overbought levels. This stock is for low risk buyers.