Over the last few months we've seen a lot of insider buying and company buyouts in the mining/fertilizer industry while companies have upgraded outlook in the context of low long term stocks. Next company to do this is Potash which upgraded their outlook after market close today:

This was in part due to "...higher-than-expected margins in nitrogen and phosphate," the company said in a statement.

The company said the increased demand was the result of strong farm returns, limited supplies at distributors and the agricultural need to replace soil nutrients after a period of lower demand in 2009."

I don't own POT but this should have some minor impact on the whole industry & give us some green on some of our other agri stocks tomorrow. (who knows maybe even drive up legend shares back to 1.25 over next few trading days).

ok...back to waiting....