Dahlman Rose grows more cautious on the fertilizer sector, seeing substantial pressure on...

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vallies Comments (344)
 
Finally getting a solid pullback in this one. Top side recent target was 66. It sat around 61. to 63. Everyone was waiting for an upgrade and they didn't get it. It needs to hold 55. otherwise it may have more down side. CF reported solid numbers. They have turned somewhat bearish on this sector. Recent contracts puts China in the 400 tonne and India just above that. U.S. Cuts might affect this sector. Instead of cutting farmers maybe they should cut loose some of those lawyers who are getting money for people who don't even produce food for the country. YES, that's right. Certain ethnicities of whom didn't get the 40 acres or a mule are suing the government because of this. And even more money is being set aside for women, Asians, the list goes on. If you own a certain amount of acres and you have receipts, you can say that you feel your rights to become a food producing, farmer, individual were denied and get money. How nice for those who actually do the work. Have you ever worked on a farm, it is ball busting, early in the morning till late at night work. The lawyers found another one to steal their fees from us, the tax payer. I own MOS and I am glad for the hold, I hope it gets hit so I can buy more. MOS share holders meeting Feb, 26.
22 Feb, 10:37 AM Reply Like

Michael Bryant Comments (3508)
 
Sound like if Congress is really serious of unnecessary spending cuts, this case should be thrown out. And anybody else who files an insane lawsuit should get jail time, lawyers included.
22 Feb, 12:33 PM Reply Like

Brad Kenagy Comments (937)
 
I bought RNF @ $46 a couple week ago, and today is down to $37.60. As soon as there is an end to storms in the Midwest and plains, I will start loading up on shares at a lower price than my original purchase price, in preparation for spring and summer fertilizing season.
22 Feb, 11:35 AM Reply Like

Michael Bryant Comments (3508)
 
If they keep paying a dividend at or above $0.75 a quarter, your principle would be paid off in $15.33 years even if the stock goes to $0. Not bad.
22 Feb, 12:38 PM Reply Like

Brad Kenagy Comments (937)
 
Funny is the stock is down today because of analyst downgrade to sell from buy, and the same analyst upgraded the stock at the end of January 2013 to buy. Crazy analysts!!
22 Feb, 12:49 PM Reply Like

Michael Bryant Comments (3508)
 
Nope, that is their job. They do whatever can make them money.
22 Feb, 12:58 PM Reply Like

billmartin Comments (8)
 
@ Michael Bryant. Careful. It's not structured like most energy MLP's.

(ie; 1.maintaining a minimum distribution. 2. paying out steady dividend increases over time.)

I don't have an opinion on the direction of the price, or whether its a buy or a sell at it's current price.


Oh, and @ Brad K. ; this is not a stock, so just a friendly reminder to file the tax forms correctly.
24 Feb, 03:08 AM Reply Like

Brad Kenagy Comments (937)
 
Thank you for the advice, I hold RNF in my Roth IRA.
24 Feb, 11:24 AM Reply Like

docmike Comments (26)
 
Watch out for "unrelated business expense" tax hit. Yes, it can happen in a Roth. http://seekingalpha.co...
4 Mar, 06:41 PM Reply Like

pcship Comments (31)
 
RNF is a solid company with much needed product.I took profits & bought back at $42.00. intend to double my position.
22 Feb, 05:49 PM Reply Like

Brad Kenagy Comments (937)
 
I own shares of RNF @ $46/share and I will possibly add to my position if RNF falls down to around $34.50 support level, and can hold that level. If it cant hold that level, the next level of support is around $30.
22 Feb, 07:17 PM Reply Like

depsee Comments (65)
 
Food , and those things needed to produce it, is a long term no way around it necessity regardless of some analyst short term opinion. In my opinion.
22 Feb, 10:03 PM Reply Like

Brad Kenagy Comments (937)
 
I agree, the short term noise doesnt bother me at all, just gives me a better price to load up on more shares.
22 Feb, 10:37 PM Reply Like

depsee Comments (65)
 
Amen brother, my thoughts also.
23 Feb, 12:45 AM Reply Like

Michael Bryant Comments (3508)
 
Until we find how to 3D print food.
25 Feb, 01:01 PM Reply Like

joemarko Comments (5)
 
i like fertilizer this time of year. been kind of a wet season, im figuring corn will do well, meaning nitrogen fertilizer will too . Worth holding til June or July to collect dividends and see how share price improves
23 Feb, 07:15 AM Reply Like

Not_Quite_Pheidippides Comments (66)
 
Natural gas is up a bit, and there's some drought alleviation happening in the plains states. The main thing, though, is the crop forecast: just google "USDA crop forecast". I can see where they're coming from, a bit, because a bumper crop this year would push grain prices down substantially. Still, USDA predictions assume average weather, and what actually happens... who knows; could be wet, could be dry, could be hot, could be cold. This "bumper" forecast was also made last year, and look how that turned out (I haven't heard of this outlet before, but it's a good summary: http://on.wkyc.com/WaAIAs). Yeah, corn can't go up forever, but the current sell-off -- at least with RNF -- seems way overdone.
23 Feb, 02:25 PM Reply Like

rupenhoff Comment (1)
 
I learned my lesson with TNH. I sold at $120 and it shot up to $200+. I like RNF and will take the opportunity to add to my positions.
24 Feb, 09:35 AM Reply Like