zomniac Tuesday, 01/12/10 09:33:49 AM Re: None Post # of 24 Quote: Nov 12, 2009 (BUSINESS WIRE) -- Phosphate Holdings, Inc. (OTC: PHOS), today reported third quarter 2009 earnings of $0.7 million, or $0.09 per diluted share of common stock, compared to earnings of $12.6 million, or $1.56 per diluted share of common stock for the same period in 2008. Net losses for the nine months ended September 30, 2009 were $10.7 million, or $1.40 per diluted share of common stock, as compared to earnings of $54.6 million, or $6.75 per diluted share of common stock for the same period last year. 2009 earnings of $0.7 million Year ago earnings $12.6 million WOW ! That sure looks terrible. But, this looks poised to go 3X if things go right. I'd target this @ 30 for a $10 stock IF things go right Nature abhors a vacuum and will fill that vacuum with whatever it can. A lack of information leads to speculation. The trouble is that when speculation is repeated often enough and loudly enough it becomes to be perceived as fact.