MOS is trading at 16PE FPE 13 and market is roughly 15+ PE. Where do you get the $34. If MOS is worth $34, how do you come to that figure?
Goldman Sachs will say a lot of things and they may go long in a few days. You NEVER know for sure!!!...but it would explain the recent moves.
Oil being this high is a sham period. There is such a glut its crazy to see it staying this high. I find it strange that ERY moves so much faster south. ERX was up 60 cents with Oil down. Somethings very strange here with these 3X ETF and ETN's.
Bid is down, yet the ask has a 200 share trade at $16.79. Schwab does show it BID and ASK down. $16.53-$16.62 not sure which one is correct???
Sure you can gauge a problem by the markets negative or positive moves if it has a consistent nature, especially since MOS is in so many Mutual Fund type investments. A consistent down trend is a problem, temporary or not. Before yesterday it had been a while since I had heard any of the big fertilizer company mentioned in quite a while so it could be something as simple as the sector being out of favor. Since ADM and POT have kind of followed the same trend line, hopefully that's all it is and will change soon. Currently the markets trend has been positive going on 3 days, yet MOS has not participated in its current rise. It could be something simple like a global slow down adjustment which could hold down the appreciation of the stock prior to earnings. Current PE is 16 and change, but earning is expected to be good and its FPE is showing 13 and change. That should be positive if earning is as expected. Normally healthy stocks tend to run up prior to earnings, yet MOS is down near 2 bucks a week from earnings. Yesterday CNBC did mention the sector, but it was its rival POT. It should have been positive for MOS also, but it wasn't. Many earnings have hit there EPS, but they have been light on revenue and guidance. With a 2.2% yield, I am not worried that much, but when I see the market up 3 figure on 2 different days and my stock is down it raises concerns. Personally, I think this is a great sector to be in if the market corrects. Have a good one!!!
They will print $$$ until the rice paper tears and the market collapses. Gold funds and stocks rose even when AG and AU were still down. Everything revolves around the US DOLLAR.
Big gain will go BYE...BYE!!!! Market down big on TUESDAY!!!
Makes no sense unless MOS has internal issues company is hiding??? It continues down on days when market is up hundreds of points...Something smells foul here!!!
You should be able to pick it up around $3.50 or below real soon. There is no real support until $3.57 and it probably will not hold that. Afterthat it may bottom to its 52 week low of $2.36. It should hold there. This is a dead stock until deal goes through, which I would not hold my breath on....or ALU stumbles upon a real merger possibility or buyout which is also slim to none. I had this stock for years, but I actually made pennies because of this sham which which took away most of my profit. I think its unrecoverable unless it can hold these levels. When people see rotten fruit they are unlikely to bite, and what IM is in...will most likely be out soon unless good news happens to come ALU's way!!!
That statement was not meant for a massively corrupt market in which we associate ourselves with. You have to admit if you add up all the facts and look at the overall fundamentals we are due for a LARGE correction soon. If you are young, then I would say go for it, but someone my age cannot afford to go all in at this point...Good Luck!!!