Market Currents

• Thursday, November 5, 2009

• 17:09 PM Intrepid Potash (IPI): Q3 EPS of $0.13 misses by $0.01. Revenue of $66M (-55%) vs. $64M. Shares -1.3% AH. (PR) Comment!
• 00:10 AM Notable postmarket earnings: ATML, ATVI, BID, CBS, CIM, CROX, EOG, HANS, IGT, IPI, JDSU, LEAP, NVDA, PSA, SBUX, SD, SUN, SWKS, TIE, TS, VRSN Comment!

• Thursday, August 6, 2009

• 17:26 PM Intrepid Potash (IPI): Q2 EPS of $0.19 misses by $0.04. Revenue of $73M (-30%) vs. $72M. Shares +1% AH. (PR) Comment!
• 00:10 AM Notable earnings after Thursday's close: AGO, ALKS, BZH, CBS, CROX, CSC, DCT, ELX, EOG, HANS, HURN, IPI, LEAP, MCHP, ME, MXIM, NVDA, POM, PSA, ROVI, SAPE, SD, SQNM, VRSN, WR Comment!

• Wednesday, June 17, 2009

• 09:38 AM K+S, Europe's largest potash producer, expects “further significant reduction in revenues and earnings” this year, sending potash stocks down: POT -7.0%, MOS -7.5%, IPI -7.3%, CF -3.7%, AGU -4.7%, SQM -3.1%, SYT -1.8%. Comment!

• Thursday, May 7, 2009

• 18:21 PM Intrepid Potash (IPI): Q1 EPS of $0.33 beats by $0.07. Revenue of $88.9M vs. $72.2M. Shares +6.3% AH. (PR) Comment!
• 15:10 PM Notable earnings after Thursday's close: AGO, AIG, ALL, ATVI, BYI, CBS, CNQ, CROX, DCT, FCH, GNW, HANS, IPI, LEAP, MCHP, MRX, NHP, NVDA, PDLI, POM, PSA, RMD, SAPE, SD, SGMS, SHO, SVR, VRSN Comment!
• 00:10 AM Notable earnings after Thursday's close: AGO, AIG, ALL, ATVI, BYI, CBS, CNQ, CROX, DCT, FCH, GNW, HANS, IPI, LEAP, MCHP, MRX, NHP, NVDA, PDLI, POM, PSA, RMD, SAPE, SD, SGMS, SHO, SVR, VRSN Comment!

• Thursday, March 5, 2009

• 18:24 PM Intrepid Potash (IPI): Q4 EPS of $0.30 in-line. Revenue of $79.5M (+41.2%) vs. $77.7M. "The potash market will guide business decisions in 2009, specifically those related to production and capital allocation." Shares -2% AH. (PR) Comment!
• 15:38 PM "One does not need to see wires dangling from C-4 plastic explosive attached to any of the five potash production facilities owned by Intrepid Potash (IPI) to sense that the common stock of the largest U.S. producer of potash is heading for an implosion." (10-Q Detective) Comment!
• 15:10 PM Notable earnings after Thursday's close: IPI, MRVL Comment!
• 00:10 AM Notable earnings after Thursday's close: IPI, MRVL Comment!

• Wednesday, February 11, 2009

• 18:30 PM Intrepid Potash (IPI) president and COO Patrick Avery resigns after it's discovered he fudged a B.A. on the company's IPO prospectus. Shares fell 6.5% today. (previously) Comment!
• 08:33 AM School's registrar says Intrepid Potash (IPI) president Patrick Avery did not recieve the "B.A. in Biology and Chemistry" the company lists in its IPO prospectus. The discrepancy was pointed out by Fraud Discovery Institute, whose co-founder Barry Minkow is short IPI. More here. IPI -4.6% premarket. 1 Comment

• Friday, December 19, 2008

• 08:46 AM Premarket losers: IPI -14%. HL -7%. GNW -5%. GFI -5%. AUY -5%. SLW -5%. FLR -4%. RTP -4%. POT -4%. RBS -3%. ABX -3%. TOT -3%. SAY -3%. BP -3%. Comment!

• Thursday, December 18, 2008

• 16:21 PM Intrepid Potash (IPI): Expects Q4 sales levels to be less than half of Q3 (consensus was -2%!). Shares -15%. (PR) Comment!