|Day Low/High||12.10 / 13.17|
|52 Wk Low/High||6.50 / 25.70|
Potash (POT) is trading higher on news that Mosaic (MOS) has finalized potash supply 2015 contracts with its Chinese customers at current prices.
Potash (POT), a member of my Best Ideas list, has been weak on news that Mosaic (MOS) is planning a potash mine expansion. However, this is old news (it's a 10-year project already announced) and I am adding to POT today at $32.80. That said, as I m...
Morgan Stanley raises Mosaic (MOS) to Overweight, could help Potash (POT) long this week.
Potash (POT) is a bit lower in a strong market. Likely two reasons: 1. The shares have had a nice run. 2. CIBC downgraded Mosaic (MOS) this morining.
Rumor has it that BHP Billiton will acquire Mosaic. Potash (POT) is trading higher on vague rumors of a BHP Billiton (BHP) acquisition of Mosaic (MOS).
Traditionally agricultural stocks are a volatile group to trade because of their tie to the underlying commodities and the social and political nature of the markets they serve. 2013 was another rocky year, but the ags have seemed to stabilize a bit here. Jill Malandrino and Bob Lang of Explosive Options review some stocks and options trades in the potash- and phosphate-related sub sector, Mosaic is their top pick. A few major overhangs have been removed from the story to help the stock find some support, but the company is also using its cash to focus on growth and unlocking share holder value. Lang believes Mosaic could see the $55 level.
The Mosaic Company reported fourth-quarter net income down 79%, as falling prices for crop nutrients potash and phosphate ate into profits.
Shares are up on a big buyback agreement. Potash producer Mosaic (MOS) is up in premarket trading on an agreement to buy 43 million shares (over next several months) of stock back from large holders Margaret A. Cargill Foundation and the Anne Ray Ch...
This just in from Reuters. From Reuters: Potash Corp sees possible bounce in its market in early 2014 A bounce in slumping potash markets is possible next year, assuming China steps back into the market and Russia and Belarus paper over differences ...
Yahoo! could be a good break out candidate after surging into the upper-end of its recent range.