Monday, June 9, 2008

SQMazing! ~ Sociedad Quimica y Minera (ADR) (Public, NYSE:SQM)

SQM up 9.67% !!!

10-1 RATIO-split = SEXY! 

~ Voodoo CHILE ~

... yes, our BG puts lost money, today.  But that's kinda the point with a HEDGE, right? 


Anonymous said...

What's your take on the mess the fed is creating. Do you have any idea why the fed and the president are talking up the dollar?

And pending home sales up 6.3%? That can't be true.


Anonymous said...

I bought some June BG puts today, luckily at the peak *when BG was up 4%*

Do you think near term is down on this stock? Or was it just for the hedge? I may get out tomorrow if she's not in the red.

P.S. I also loaded up on some more CAT Puts today too.


Anonymous said...

The CEO of SD has been buying alot of shares.

Anonymous said...

Has anyone noticed Petrohawk after hours Up 1.30

BUY ON THE DIP said...

Cramer just pumped HK, saying a $48 target.


BG loves $108, should go down .... but as a stand alone play, eh?

..... and one of our readers was all over SD a week ago. nice!

Anonymous said...

Floyd!Floyd!Floyd! Im sure dinking the Kool aid

Anonymous said...

Sorry Drinking the Kool Aid

BUY ON THE DIP said...

dink it, drink it .. we win!

Jimbo's a bit late, but you know we loved seeing that stuffed animal tiger with "HK" on the collar.

go team!

p.s. why no mention of FLOYD, huh, jim?

BUY ON THE DIP said...

SQM also caught an upgrade! $54 target!

go team!

SANTIAGO (Dow Jones)--Chilean brokerage Banchile Inversiones, a subsidiary of Banco de Chile (BCH), raised the year-end target price for Chilean fertilizer and specialty-chemical producer SQM SA's (SQM) B series to 26,000 pesos ($54.00) from CLP15,500, the brokerage said Monday.

"We've upwardly revised the estimated results for the this year and next year and these should be led by a more favorable price scenario for the company's main products," Banchile said in a report to clients.

The brokerage gave SQM a buy/low risk recommendation.

The company's B series (SQM-B.SN), which has greater liquidity than the A series (SQM-A.SN), has surged 43% in June, riding the coattails of several favorable recommendations in light of rising international fertilizer prices. SQM is the world's largest iodine, nitrates and lithium producer.

BUY ON THE DIP said...

and yes, SNCR got a hair cut, hmmmm .... we took some profits , but hate giving back money...

todays NO 3G love sucked.

SNCR lost over a buck. we lost more than a buck.

go team?