Supply demand is coming into balance and prices will continue to rise and firm throughout the year. With the Cargill family diverting, a takeover becomes possible as well as a huge share repurchase. I personally believe these shares will be trading between 75-85 by June. It actually started moving a little faster than I thought and I would be buying on any weakness. There is no reason to sell unless you need the money because there arent many better investment alternatives. Fertilizer is in the sweet spot and these shares could easliy get back over 100 by year end imho, maybe sooner.
At this time I'm just playing highs and lows as it trends upward..say..toward Mar-Apr..then maybe a pull back toward Jun-Jul..I realize we all have different ways of predicting/guessing..stock. It seems MOS is in positive territory.. at this time..but we really don't know .. We have to realize this is a money making system that goes for/against the investor..
If we were really good at predicting . we wouldn't be reading these forums..
Yeah, no doubt that folks who bought the stock in November of last year when it was under $50 per share feel very trapped now that the stock is approaching $60. Learn how to read a chart. The stock is trending upward. Why is that? You figure it out.