Potash/Mosaic

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AdamA
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Potash/Mosaic

Post by AdamA »

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?
"All men's miseries derive from not being able to sit in a quiet room alone."

Pascal
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dualstow
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Re: Potash/Mosaic

Post by dualstow »

I briefly noticed the headline "Potash hammered" this morning, probably because my family used to own POT shares. Used to. Whew.
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AdamA
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Re: Potash/Mosaic

Post by AdamA »

dualstow wrote: I briefly noticed the headline "Potash hammered" this morning, probably because my family used to own POT shares. Used to. Whew.
I don't know much about it, but the whole thing seems like an over-reaction to me.
"All men's miseries derive from not being able to sit in a quiet room alone."

Pascal
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AdamA
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Re: Potash/Mosaic

Post by AdamA »

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
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AdamA
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Re: Potash/Mosaic

Post by AdamA »

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
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