Volume Spike Investor » MOS

Potash Players Hit by Goldman (POT, MOS)

247admin — Wed, 14 Apr 2010 13:04:34 +0000

Goldman Sachs decided that potash and fertilizer is valued richly enough for now. The bulge bracket brokerage firm downgraded Mosaic Co. (NYSE: MOS) to Neutral from Buy and downgraded Potash Corp. of Saskatchewan (NYSE: POT) to Neutral from its Conviction Buy List at Goldman Sachs. Mosaic is down 2% at $55.62 on 35,000 shares and Potash is down 2% at $109.90 on over 63,000 shares (9:01 AM EST).

JON OGG

Postash, Mosaic, and MOO Love Goldman Sachs (POT, MOS, MOO)

247admin — Mon, 21 Dec 2009 13:51:29 +0000

Potash Corp. (NYSE: POT) is trading higher this morning after Goldman Sachs raised the potash maker to the Conviction Buy List to take advantage of a sharp sell off in fertilizer stocks last week. Mosaic Co. (NYSE: MOS) was also raised to Buy from Neutral. Goldman Sachs’ view of a fundamental demand recovery in potash in 2010 remains unchanged and it sees that weak 2010 potash pricing is discounted into the price of the stocks. The weakness in the past week and the comments that were bullish from the same sources responsible for negative sentiment were ignored.

Mosaic shares are up 3.5% at $57.18 on 33,000 shares as of 8:48 AM EST and Potash Corp. (NYSE: POT) shares are up 3% at $108.15 on 66,000 shares.

We would keep an eye on the MOO this morning. The Market Vectors Agribusiness ETF (NYSE: MOO) is u only 1%, but this is the agriculture ETF and these two stocks alone account for over 15.5% of the entire weighting of that ETF.

JON OGG

Potash Smells on Guidance (POT, MOS)

247admin — Mon, 21 Sep 2009 12:38:24 +0000

Potash Corp. of Saskatchewan (NYSE: POT) is down after the fertilizer and potash player lowered its 2009 earnings guidance to $3.25 to $3.75 from $4.00 to $5.00 and compared to First Call consensus estimate of $4.16. The company also expects Q3 EPS to be at the low end of prior guidance. Shares are down close to 5% at $92.40 on close to 80,000 shares as of 8:36 AM EST. We would look for fallout in Mosaic Co. (NYSE: MOS) and even in the “MOO” ETF. -JON OGG

Citi Knocks Potash (MOS, POT)

247admin — Mon, 14 Sep 2009 12:28:03 +0000

The Mosaic Company (NYSE: MOS) and Potash Corp. of Saskatchewan (NYSE: POT) are both getting clipped on an analyst downgrade this morning. The two potash leaders were both Cut to Hold from Buy at Citigroup. Volume is still light because of the specialist being in controil, but that light volume will start to surge as the open gets closer and closer. At 8:25 AM EST we have MOS down over 2% at $51.07 on only about 4,000 shares and POT shares are down about 2.5% at $87.60 on 16,000 shares. -JON OGG

Mosaic Sees Unusual Options Trading (MOS)

247admin — Tue, 01 Sep 2009 15:13:13 +0000

Mosaic Co. (NYSE: MOS) is seeing some unusual trading today, particularly in its SEPT-2009 CALL OPTIONS. At 11:06 AM EST we have shares of the common stock up over 3% at $49.90 on almost 3.8 million shares. Average volume is 6.9 million shares and the 52-week trading range is $21.94 to $104.00. The real action is in the SEPT-2009 CALLS and we listed these by strike price, trading volume, and by the open interest.

Strike..    Vol     Open Int
$45.00   624   15,699
$50.00   5,537   8,001
$55.00   16,232   43,215
$60.00   31,176   20,206
$65.00   3,823   22,939
$70.00   251   10,469
$75.00   442   10,580

JON C. OGG
SEPTEMBER 1, 2009

PREMARKET ALERT: Mosaic Co. (MOS)

247admin — Thu, 16 Jul 2009 11:36:19 +0000

Mosaic Co. (NYSE: MOS) shares are up roughly 12 percent to $50 on early premarket volume of about 20,000 shares. Speculation is rising that Vale SA (VALE) may make a $25 billion bid for Mosaic, following a report in the publication Estado. Some other agriculture and fertilizer stocks are rising in premarket trading on the news, including Potash Corp. (NYSE: POT), up more than 3 percent to $91.14 on early volume of more than 6,000 shares. — Mike Tarsala

Fertilizer begins to fly as Russian miners demonstrate pricing power (POT, IPI, MON, AGU, MOS)

247admin — Thu, 02 Jul 2009 14:32:10 +0000

Fertilizer stocks are gaining ground, with stocks including Potash CP (NYSE: POT) trading rising 4 percent, above $94, with nearly half its average volume changing hands in the first hour of Thursday trading.

The company could be benefit from a Bloomberg.com’s report that Russia’s two largest potash miners plan to raise prices for domestic fertilizer producers by about 20%. It suggests potential pricing power for companies like Potash, which produces potash from six mines in Saskatchewan and one in New Brunswick.

Other fertilizer stocks are on the move including Intrepid Potash Inc. (NYSE: IPI), rising about 3 percent above $28 a share, on volume of about 550,000. Agrium Inc. (NYSE: AGU) and Mosaic Co. (NYSE: MOS) also are trending higher on relatively strong volume a day before a 3-day weekend. — Mike Tarsala

The agriculture stocks that could benefit from Monsanto results (MON, POT, IPI, AGU, MOS)

247admin — Wed, 24 Jun 2009 12:49:31 +0000

Monsanto Co. (NYSE: MON) shares are up about 2% after the company beat earnings expectations by 8 cents a share, reaffirmed guidance for fiscal 2009, and said it remains committed to doubling its gross profit over the next three years.

The company’s revenue was weak, but that was somewhat expected, due to its revised guidance in late May.

The report didn’t have anything negative to say about underlying demand of agricultural products, which is helping to boost shares of other agricultural stocks such as Potash Corp (NYSE: POT), Intrepid Potash, Inc. (NYSE: IPI), Agrium Inc. (NYSE: AGU) and Mosaic Co. (NYSE: MOS) slightly in the early going, on light to moderate premarket volumes.

The agriculture group hasn’t enjoyed positive analyst sentiment in recent months. If Monsanto happens to inspire a rally in those names, names to watch will be Intrepid Potash and Mosaic, two with a rather harsh string of negative analyst revisions. — Mike Tarsala

After-Hours Gappers (JNPR, CSCO, WBSN, BBBY, BIIB, AA, MOS)

247admin — Tue, 07 Apr 2009 22:13:54 +0000

These are the stocks we are seeing trading up or down in the after-hours session this Tuesday evening:

Juniper Networks, Inc. (JNPR) preliminary guidance of $760 to $765 million in revenues, down from prior range of $800 to $830 million; but earnings now seen as $0.16 to $0.17 rather than $0.15 to $0.17 EPS. Shares were up over 10% but were up 6.6% to $16.65 late in a.h. session.

Cisco Systems, Inc. (CSCO) is up 2% on Juniper secondary-tertiary trader ties, despite Cisco doing 10-times JNPR revenues.

Websense (NASDAQ: WBSN) rose after guiding earnings to $0.35 to $0.38… we have est’s at $0.30… up over 8% at $14.25 in a.h. session.

Bed Bath & Beyond, Inc. (NASDAQ: BBBY)… 18% drop in earnings, but shares jumped over 10% as the results were still better than what was expected… shares up over 13% to almost $29.00…

Biogen-Idec (NASDAQ: BIIB) was up late today on rumors that Carl Icahn and/or Sanofi-Aventis would be pressing for a deal. Shares rose today by almost 5%, down about 1% in after-hours at $51.80 or so.

Alcoa (NYSE: AA) is all over the place, up down, flat, down… crummy earnings but not as bad as it could have been. -$0.59 EPS on $4.14 billion in revenues vs. estimates at -$0.57 EPS and $4.08 billion in revenues.

Mosaic Co. (NYSE: MOS) posted a profit down to $0.13 EPS on revenues of $1.38 billion; well under estimates. Shares down over 7% to under $40.00.

JON OGG (5:55 PM EST)

Volume Spike: MOSAIC (MOS)

247admin — Mon, 02 Mar 2009 15:25:59 +0000

Mosaic Co. (NYSE: MOS) is getting slapped around this morning. This rose over 8% Friday on an otherwise awful market day and its call option activity was through the roof. With a minute until the open, we have shares down almost 5% at $40.96 on close to 63,000 shares in pre-market trading. The reason for this morning’s drop is simple: there were rumors of a possible deal in the sector, yet no deal was announced.

Jon C. Ogg