Mosaic is one of the few suppliers of Potash one of the main ingredients in fertilizer. A good friend of mine who was the general manager for a Quickcrete company, turned me onto the stock. The spray potassium on rock salt to melt ice on winter roads. His company paid 6 times the amount they did last year because of the scarcity of the product. Farmers are knee dip in money right now and they will spend the money on fertilizers to increase corn and soybean yields. India just signed a contract with Potash for $645 a ton. China will be looking to contract out fertilizer within the next month. Projected earnings for these two companies were based on $400 a ton for the fertilizer. It's going to be a blowout quarter for both companies. He also told me it was very hard for his company to procure salt this past winter. So salt companies may be a play next winter.
98 dollars today.
up 6 from Friday's close. April 4th is reported earniings. Should be a blowout!
Sold 100 shares at 99.70.
So if it going to be a blow out why did you sell?
because i bought 100 hares at 92.25. Made 800 in two days. Still own 125 shares. If it goes down to 92-93 range I'll buy the 100 back.
Gotcha, so are you diversified or are you quick in quick out for some profit and then move along?
Right now I'm in MOS MAA.V and BAC. I'll be in FUN in mid Apr. I( have a great play there that nets me at the minimum 2000 a 1/4. I'll explain in mid Apr on what to do.
Sold 125 shares of MOS @ 109.40.
Made a thousand.
Not bad in two weeks!
Looking to load up on FUN. For my div. play.
Let me know if anybody wants me to explain.
MOS 115 on FRi. I hope some of you stayed on for the 4-4 Profit report.
Right now I'm in MOS MAA.V and BAC. I'll be in FUN in mid Apr. I( have a great play there that nets me at the minimum 2000 a 1/4. I'll explain in mid Apr on what to do.
Its mid April
MOS 148 today. Mudder Trucker
buying POT in Feb. would've paid off now, and MOS....
what do you think about ABK now? worth buying at around $2 or is it doomed?
They say don't catch a falling knife? Do you think we are done with foreclosures? I don't. I'm still pissed at not keeping MOS I had 200 shares at 82 when I started this thread.