Cramer added fuel to the fire...
http://www.cnbc.com/id/25194834/?__source=yahoo|headline|quote|text|&par=yahoo
http://www.cnbc.com/id/25194834/?__source=yahoo|headline|quote|text|&par=yahoo
Sqm
- Thread starter turkeyneck
- Start date
It breakout, so it will go another 10 points easy. Even if Cramer did recommend it, it will break out by end of this week regardless.
This is the one fertilizer name I was going to hold.....At least for a few more days
http://www.elitetrader.com/vb/showthread.php?s=&threadid=64553&perpage=6&pagenumber=124
$COSTAverageMAN
http://www.elitetrader.com/vb/showthread.php?s=&threadid=64553&perpage=6&pagenumber=124
$COSTAverageMAN
This is fully valued, by now
Merrill Lynch
Latin America-Mining, Agribusiness Coverage
1 June 2008
SQM (SQCAF)
Our target price of US$52/ADR for SQM is DCF-based. It represents target P/Es
of 33.4x for 2008E and 27.3x for 2009E. We discount SQM's (consolidated) cash
flow to equity holders at 9.2% (with 4% perpetuity growth). Our cost of equity,
12.2%, is derived from 5.4% risk-free, equity risk premium of 5.6%, and SQM's 2-
year beta of 1.22. Cost of debt: SQM's after-tax cost of debt is 4.0% (corporate
tax rate of 17%).
Merrill Lynch
Latin America-Mining, Agribusiness Coverage
1 June 2008
SQM (SQCAF)
Our target price of US$52/ADR for SQM is DCF-based. It represents target P/Es
of 33.4x for 2008E and 27.3x for 2009E. We discount SQM's (consolidated) cash
flow to equity holders at 9.2% (with 4% perpetuity growth). Our cost of equity,
12.2%, is derived from 5.4% risk-free, equity risk premium of 5.6%, and SQM's 2-
year beta of 1.22. Cost of debt: SQM's after-tax cost of debt is 4.0% (corporate
tax rate of 17%).
Anyone still letting profit ride? 
Still holding it. Stop moved up to 54. Got it around 49.5. If anything, get $4 out of it for 3 days of "works".
SQM $52.970
SOCIEDAD QUIMICA Y MINERA DE CHILE
Daily Commentary
Todayâs Candlestick Patterns:
Long Black Candlestick
Bearish Dark Cloud Cover
system posted a SELL-IF today. The previous BUY recommendation was issued on 06.16.2008 (3) days ago, when the stock price was 46.8000. Since then SQM has gained 13.18% .
A bearish pattern has developed and a SELL-IF alert is issued today.
The last two candlesticks formed a Bearish Dark Cloud Cover Pattern . This is a BEARISH REVERSAL pattern that marks a potential change in trend. Though it is HiGHLY rRELIABLE confirmation is still recommended.
htp://www.americanbulls.com
SOCIEDAD QUIMICA Y MINERA DE CHILE
Daily Commentary
Todayâs Candlestick Patterns:
Long Black Candlestick
Bearish Dark Cloud Cover
system posted a SELL-IF today. The previous BUY recommendation was issued on 06.16.2008 (3) days ago, when the stock price was 46.8000. Since then SQM has gained 13.18% .
A bearish pattern has developed and a SELL-IF alert is issued today.
The last two candlesticks formed a Bearish Dark Cloud Cover Pattern . This is a BEARISH REVERSAL pattern that marks a potential change in trend. Though it is HiGHLY rRELIABLE confirmation is still recommended.
htp://www.americanbulls.com