Intrepid Potash (IPI): From their guidance the potash price for...

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Re: OptionMonster post# 157

Monday, 06/02/2008 9:07:27 AM

Monday, June 02, 2008 9:07:27 AM

From their guidance the potash price for April-June ($503, $532, and $582) which is extremely good. I would use this dip to add position regardless what it is. Also production of Potash will be up. I have good winning on June50 Call and Bull Put Spread 50/45 June. I think Premarket (or today) is just profit taking : Buy on Rumor-Sell on news.

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