Sept 2013 Minor trades: BBRY, CF, CNIT, CGA

I don’t think that these are great trades but they are ones that I have made.

CF Industries Holdings (CF) – Speculating on commodity prices

CF produces nitrogen fertilizer. It is a bet on:

Natural gas prices in the US staying low, allowing CF to have lower costs than its foreign competitors.
Corn prices staying high, driving demand for nitrogen fertilizer.

The current P/E is roughly 6.25. CF is buying back shares and building new capacity.