sophocles

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    • Sun Sep 7th 20:44 PM
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      Rating: 0 0
      Commented on:
      $300/Barrel Oil Is Coming - Barron's Interview
      buyitcheap: WLL, EOG, BEXP. CLR are some names with presence in Bakken
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    • Wed Jul 23rd 08:13 AM
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      Commented on:
      XTO Energy Just Picked a Bad Day To Announce Earnings
      I was perplexed by the market reaction even though oil and NG were down. XTO announced a 26m share offering yesterday. Big boys may have known about this, so they could easily short and then cover from secondary offering later.
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    • Sun Jun 8th 08:27 AM
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      Rating: 0 0
      Commented on:
      Symantec Named in “Most Dangerous Stocks” List
      Would you mind naming some other dangerous stocks for June and beyond?

      Thanks.
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    • Fri Jan 18th 12:57 PM
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      Commented on:
      Chicken Little...er...Morgan Stanley is Worried about Fertilizer
      A poster on VT.TO board noticed the irony that MS thinks demand for fertilizer is falling but another one says

      Monsanto won't remain this cheap for long.

      TraderMark, please send a mail to sophocles44@yahoo.com
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    • Fri Jan 18th 12:49 PM
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      Chicken Little...er...Morgan Stanley is Worried about Fertilizer
      We made the same argument on the investorvillage VT.TO board. Potash price was rising by $50/t in January, so it would not make POT unhappy if there is a shipment delay in December so that they can ship more in January at a higher price. Vale canclled some iron ore shipping to China driving the spot price up and putting a squeeze on China in the iron ore contract negotiation. POT and MOS could do the same to China. I think potash contract will settle earlier than the iron ore contract.
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    • Fri Jan 18th 09:13 AM
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      Commented on:
      Chicken Little...er...Morgan Stanley is Worried about Fertilizer
      The fertilizer Institute put those inventory nimbers. we discussed it on the investorvillage VT.TO message board. You could see the same inventory numbers on POT website. You can see there is an inventory increase from Nov to Dec but inventory is lower than the 5-year average even after all those production raises by POT, MOS, AGU, etc. POT is opening a new mine in Brunswick and commissioned another one in Saskatchewan. BHP is doing a feasibility study in Saskatchewan. If there is no demand, why so much activity? I think the increase in inventory was NOT demand related. The Cornbelt potash price has increased $100/st in the last 4 weeks.


      POT: Potash: Seasonality, rail delays behind potash restocking; buy on pullback- BofA

      BofA says an there was an overreaction to inventory data. They see the recent pullback in fertilizer stocks (down 14-22% since 1/15 vs. 3.5% for S&P index) as an opportunity to add to positions in Buy-rated PotashCorp (POT) and Mosaic (MOS) ahead of what is likely to be a break-out year for potash. The firm suspects investors are overreacting to Dec producer inventory data, which showed a sequential increase to 1.8 mln short tons, but down 21% y-y. They think producers needed to replenish Dec stocks ahead of U.S spring planting, thus pushing the normal October/November restocking period out by one month. Potash shipments declined last month, adding to inventories, but railcar delays at C.P Rail rather than a lull in customer orders may be to blame.
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