Thursday, May 14, 2009

Where SQMazing Happens. ~ Sociedad Quimica y Minera (ADR)(Public, NYSE:SQM)

AG on FIRE!

BOTD adds $SQM

34.44
+1.49 (4.52%)
...POTASH to CHINA, IODINE, and LITHIUM!!



The Worldwide Business Formula ... for Profits!


Q1 2009 Earnings Report *click here*
Dividend = 2.50%


the BOTD "buy on the dip" $AGU calls.

who caught the StockTwits Twitter Tweet? *click*

... we added the MAY 45 calls (bounce play) to hedge our longer-term $MON JUNE puts.

hmmmm. Love "the MATRIX" pairs Trade!
MON down 90.03 -0.86 (-0.95%)
AGU up 46.92 +2.25 (5.04%)



AGRIUM MAY-09
$45.00 CALL
(AGUEI)

$2.35
+1.65 (+235.71%)

... expiration tomorrow, had to take ALL profits!! hmmm, After Hours: $AGU 47.74 +0.82 (1.75%) ... looks like it's headed to $3+ without us.


p.s. our Sunday Night $POT 100 calls call was NIRVANA. (up 800%) ... $POT 107.93 +5.30 (5.16%)*chart.ly chart

5 comments:

Anonymous said...

SQM operating income actually leapt 39% versus the prior-year period. This spike in operating income can be largely attributed to a 26% decline in the firm's cost of goods sold. There are a number of moving parts that drove this decline including lower raw-material and energy costs, productivity gains, and a favorable shift in the firm's business mix toward standard muriate of potash (MOP) sales. The firm's first-quarter potash sales increased 366% versus the year-ago period.

SQM had previously stated its intention to increase its production and sales volumes of standard potash, which it had until recently sold in more limited quantities primarily within Chile. Higher potash output has put the firm in a position to opportunistically place export volumes in a depressed demand environment. In its quarterly conference call, management stated that it had shipped volumes to Chinese importers during the quarter at prices below those of recent spot transactions, which have been near $750 per metric ton, delivered. While SQM's small shipments cannot fulfill China's potash needs on a sustained basis, we believe that they could make enough of a dent in demand to allow Chinese importers to further delay annual contract negotiations with the large export organizations (Belarusian Potash Company and Canpotex). Furthermore, we think it is likely that these recent discount cargoes could further tilt the psychological scales in Chinese importers' favor and make holding the line steady at last years' prices a tall task for the big exporters.

BUY ON THE DIP said...

speaking of POT, hands HIGH!!!

for the P-wave!

PWAV
1.31
+0.25 (23.58%)

4G.

BUY ON THE DIP said...

GE LOVES BATTERIES.

BATTERIES LOVE LITHIUM.

SQM IS LITHIUM.

BOTD said...

*short* GE 13.00 -0.04 (-0.31%)

...BIG with tight stop.

jd said...

nice AGU calls BOTD!

I am itching to start trading again!