Anyone see the beating these to two stocks (MOS and POT) took today?
Both around around 20%, supposedly b/c the Russian government broke up a monopoly, which is predicted to drop the price of potash.
Might be a good time to buy (?)
Any opinions?
Potash/Mosaic
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Potash/Mosaic
"All men's miseries derive from not being able to sit in a quiet room alone."
Pascal
Pascal
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dualstow
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Re: Potash/Mosaic
I briefly noticed the headline "Potash hammered" this morning, probably because my family used to own POT shares. Used to. Whew.
RIP TOM LEHRER
Re: Potash/Mosaic
I don't know much about it, but the whole thing seems like an over-reaction to me.dualstow wrote: I briefly noticed the headline "Potash hammered" this morning, probably because my family used to own POT shares. Used to. Whew.
"All men's miseries derive from not being able to sit in a quiet room alone."
Pascal
Pascal
Re: Potash/Mosaic
I just bought Jan 2015 at-the-money calls.
"All men's miseries derive from not being able to sit in a quiet room alone."
Pascal
Pascal
Re: Potash/Mosaic
Intrepid Potash (IPI) is selling at book value.
"All men's miseries derive from not being able to sit in a quiet room alone."
Pascal
Pascal