Alexander77

The Market Hates Mosaic: Phosphates Not Up to Snuff

I think MOS is still strong company, investors are just dumping everything


On Oct 02 11:06 PM Earnest wrote:

> I shared your frustration. It's hard to stomach that fundmental doesn't
> count anymore. It's more like an cat-mice game by the analysts. I
> wonder why Merrill downgraded the sector but did not lower the "price
> target"? Even S&P has $165 for CF, which was down a good 35% with
> MOS.
>
> In looking at MOS's earning estimates in the past few quarters, only
> 4 analysts gave estimate and with a difference of 0.20. How's that
> an earning estimate statistical signaficance? Ironically, one of
> the 4 actually raised estimate last month! So, are our analysts only
> look at rear mirror?