Current Watch List
MOS - Mosiac Co
Strong rally and I am hoping we see some tax selling once 2008 arrives. Not an energy company but a fertilizer company that could reap a major boost in profits from the new Energy bill and the rise in ethanol production.
The Mosaic Company (Mosaic) is a producer of phosphate and potash combined, as well as nitrogen and animal feed ingredients. The Company operates its business through four business segments: phosphates, potash, offshore and nitrogen. The Phosphates segment operates mines and concentrates plants in Florida that produce phosphate fertilizer and feed phosphate, and concentrates plants in Louisiana that produce phosphate fertilizer. The Potash segment mines ad processes potash in Canada and the United States and sells potash in North America and internationally. The Offshore segment produces and markets fertilizer products and provides other ancillary services to wholesalers, cooperatives, independent retailers, and farmers in South America and the Asia-Pacific regions. The Nitrogen segment consists of its equity investment in Saskferco and Mosaics nitrogen sales and distribution activities.
Breakdown trigger: $85 *** New trigger 01/06 ***
Buy 2010 $100 LEAP Call LXW-AT *** New strike 01/06 ***