If POT falls below its support line and we do get the
H&S.....
so maybe that's why they want to buy back their shares.
(at a cheaper price)
----------------------
July 24 (Reuters) - Potash Corporation of Saskatchewan Inc said on
Wednesday that it would buy back up to $2 billion of its
outstanding common shares, deploying its growing free cash flow as
it winds down a 10-year mine expansion program.
The company said it would repurchase five percent of its stock over
a one-year period. The announcement comes about four months after
Potash said it would hike its dividend by 25 percent.
The Saskatoon, Saskatchewan-based company, which has the largest
capacity in the world to produce the crop nutrient potash, expects
to wrap up a 10-year, $8-billion expansion of its Canadian potash
mines in the next year.
Fertilizer rivals Mosaic Co and Agrium Inc are also returning more
cash to shareholders. Mosaic said in May that it planned to use
surplus cash to buy back shares, while Agrium intends to buy back
up to five percent of its stock.
Potash shares closed at $37.94 in New York and at C$39.17 in
Toronto on Wednesday.
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TRQ
Posted by msclip on 22nd of Aug 2013 at 03:52 pm
I think it's make or break for TRQ
now 14% LOL
TSLA
Posted by msclip on 7th of Aug 2013 at 10:04 pm
now 14%
LOL
Thanks Matt! Yes, big triangle...There's lots
POT Head & Shoulder???
Posted by msclip on 25th of Jul 2013 at 10:19 am
Thanks Matt!
Yes, big triangle...There's lots of force building up within that triangle! :)
If POT falls below its
POT Head & Shoulder???
Posted by msclip on 24th of Jul 2013 at 10:19 pm
If POT falls below its support line and we do get the H&S.....
so maybe that's why they want to buy back their shares. (at a cheaper price)
----------------------
July 24 (Reuters) - Potash Corporation of Saskatchewan Inc said on Wednesday that it would buy back up to $2 billion of its outstanding common shares, deploying its growing free cash flow as it winds down a 10-year mine expansion program.
The company said it would repurchase five percent of its stock over a one-year period. The announcement comes about four months after Potash said it would hike its dividend by 25 percent.
The Saskatoon, Saskatchewan-based company, which has the largest capacity in the world to produce the crop nutrient potash, expects to wrap up a 10-year, $8-billion expansion of its Canadian potash mines in the next year.
Fertilizer rivals Mosaic Co and Agrium Inc are also returning more cash to shareholders. Mosaic said in May that it planned to use surplus cash to buy back shares, while Agrium intends to buy back up to five percent of its stock.
Potash shares closed at $37.94 in New York and at C$39.17 in Toronto on Wednesday.
POT Head & Shoulder???
Posted by msclip on 24th of Jul 2013 at 10:13 pm
Yes you're right Falcon. Coal companies
Don't know if anyone mentioned WLT but it's a rocket. Maybe ...
Posted by msclip on 18th of Jul 2013 at 11:48 am
Yes you're right Falcon.
Coal companies have been beaten up badly. WLT was a $140 stock in mid 2011.
I am seeing a double bottom on the Monthly chart.
On Weekly chart: IF it can Close and STAY above 8 EMA ($13.51), we can see $15 and then potentially $18-20 range.
I'm looking for a swing trade with this one, if it can beat $13.50.
Many shorts will be squeezed
I might be wrong in these figures... any comments or advice is appreciated by all.
Thanks Steve & Matt for all your efforts and help.
I think it has the
Don't know if anyone mentioned WLT but it's a rocket. Maybe ...
Posted by msclip on 18th of Jul 2013 at 10:49 am
I think it has the potential to go much higher.
Float is 55.61M and Short % of float as of June 28th was 38.80% or 24.16M
Thanks Steve! Float is 55.61M and
Walter Energy WLT
Posted by msclip on 18th of Jul 2013 at 10:00 am
Thanks Steve!
Float is 55.61M and Short % of float as of June 28th was 38.80% or 24.16M
you're welcome Steve! seems that
Walter Energy WLT
Posted by msclip on 17th of Jul 2013 at 03:58 pm
you're welcome Steve! seems that it wants to breakout
Walter Energy WLT
Posted by msclip on 17th of Jul 2013 at 03:19 pm
Walter Energy WLT seems to be making a bull flag on the daily chart
Volume is good