If Management decides to take IPI Private...What do u think the Buy-Out Price Is Worth??
I would like to jump in for a Small Short Term Trade(long),But Maybe staying on the Sidelines would be better.Dollar Gaining Strength is not good for Commodidties In General.If oil starts going back down....Hero will go even Lower..
Mike u have been here For a Very Long time...I never ask for Message Board advice....Is this worth investing or trading or is Hero going BK again...thanx.
What We Need Is Potash To Rise In Price.It's Sitting At 270...Anything Above 300 Per Ton would make IPI Rise....Plus They Need $$$ So They will Dilute at some Point.
Are You Going To Hold Long Through Earnings???...That's a Lot Of Risk.Potash Prices are Below 300,at 270 Per Ton...That is not Good.
This Company is too risky to invest in right now.Oil is Trading near the Top of it's short term range,and Hero keeps moving down...The Forbearance issue is 1 thing...But there might be something else going on here.
Maybe be a good time to start selling Puts...Collect a premium for a price u might think IAG May drop to,If it does correct U get the stock at ur price....If It keeps going up u keep the put premium as pure profit.
I have been pretty much Buying and Selling Every Other Day...I Will Tell You This.....I have a Market Order In at The Open.
2 Things That Bother Me Short Term....1. Jobs Report Being Better Than Expected...Friday....And 2. Dollar Rising With Gold Trading In A Range From 1250-1300...As Nothing goes Straight Up..But Who Knows??
Forbearance has been Extended until May 31st......The Problem Is....Hero Needs to Take Delivery Of A Ship on May 5th....With All Accounts Frozen...Until May 31st...That puts Hero In Default with The Ship-Yard In Singapore.
You know who the Bitter former Employee Is???....shhc
What do they Know???...Poor Global Corn Crop....Which Means U.S.A. Will be Planting record Acreage Of Corn.....Corn uses 3X the Amount of Potash compared to other Crops....