Author
Topic: MOS Mosaic 2nd. largest Potash producer $57
invester
Member
posted 08-18-2010 02:23 PM
I bought the Dec. $65 calls.
IP: Logged |
invester
Member
posted 08-18-2010 02:25 PM
This was $150 the last time the fertilizers ran.
IP: Logged |
invester
Member
posted 08-23-2010 09:01 AM
The funny thing about it is that MOS has higher revenues than POT. POT has more in Potash proven reserves though. MOS has 1.9 billion in reserves. I think that puts a $ value at around $85-$90 a share given the bid for POT.
IP: Logged |
invester
Member
posted 08-23-2010 09:12 AM
Actually at $35 billion minimum that would put it at $78. I think it goes for $40 billion thus $89 maybe slightly less.
IP: Logged |
invester
Member
posted 08-23-2010 09:38 AM
$58.50 Up 40% on my call options
IP: Logged |
invester
Member
posted 08-23-2010 02:29 PM
Sold half my calls for a 95% gain!!!
IP: Logged |
invester
Member
posted 08-24-2010 10:49 AM
Re-bought the calls at a 20% discount.
IP: Logged |
invester
Member
posted 10-08-2010 12:40 PM
$67.17 Out 260% gain.
IP: Logged |