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Chemical & Mining Co. of Chile Inc. Message Board

  • biseee biseee Sep 15, 2011 4:11 PM Flag

    why are we down

    Can anyone tell me why we are not up in last few days? Thanks

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    • SQM reported net income for the first half of 2011 of US$243.6 million, an increase of 34.2% over the first half of 2010.
      Earnings per ADR totaled US$0.93 for the first six months, compared to US$0.69 for the same period of 2010.
      Revenues for first half of 2011 were 19.2% higher than that of first half of 2010.

      So, could this just be because of the Greece? Or maybe because analysts predicted .52 per share and they did .50? I don't know but I wish I had more money in my IRA available because I'd love to buy at this price. An article came out a little while ago saying that shares were potentially overvalued and then a week later another article said they were potentially undervalued because they dropped off so much. I hold other stocks in materials and chemicals and they are all down with huge upsides. Patience. I don't think anyone has "lost" their profits in SQM unless they sell. This is a favorite company of mine. Super sharp.

    • Makes no sense to me. I've watched all my profit evaporate which is especially frustrating coming on the heels of solid quarterly results.

24.00-0.88(-3.54%)Jun 24 4:02 PMEDT