this sell off is just getting old...earnings were great considering the world economy.....cash rich and earning
power still in tact...short stories keep allowing the GS of the world to buy cheap....they'll put some bogus upgrade in once they are fully loaded...then it will bounce big time...CF moved up yesterday, so did IPI
I'm loading up at these levels. Been buying in the 40.5 to 41 range for the past month or so, as market allows. Our next big catalyst (pending any other pleasant and positive surprise) is in November, when MOS can legally start buying back shares... Billion dollars worth of shares.
I'm not sure how anyone cannot see tremendous value here.
If they buy the first tranche of 43M shares, it would be closer to $2B worth of shares. I expect the stock price to run up into late November. If they can buy all 43M shares for under 50/share, I'd be satisfied with that.