Intrepid Potash, Inc. (IPI): A Bull Case Theory

We came across a bullish thesis on Intrepid Potash, Inc. (IPI) on Substack by Enterprising Investor. In this article, we will summarize the bulls’ thesis on IPI. Intrepid Potash, Inc. (IPI)'s share was trading at $25.89 as of Feb 14^th. IPI’s trailing and forward P/E were 10.30 and 10.11 respectively according to Yahoo Finance.

[caption id="attachment_1220858" align="aligncenter" width="768"] A farmer holding a handful of potassium chloride-rich soil, surrounded by a lush crop in full bloom.[/caption]

Intrepid Potash (IPI), with a market cap of $333 million, has experienced...