rsinvestor

Mosaic Misses Earnings and Brings Down the Sector

According to Bloomberg, MOS forward PE is actually 2.89 after today's dismal decline, so there's your 3 PE target. I also own Dryships in the 20's, currently it's forward is 1.5PE, with a forward PEG of 0.02. That's not a typo. Fundamentals mean nothing right now, but they will someday.