Home > Boards > US OTC > Mining/Resources > Phosphate Holdings (PHOS)

Nov 12, 2009 (BUSINESS WIRE) -- Phosphate

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
zomniac Member Profile
 
Followed By 55
Posts 5,877
Boards Moderated 0
Alias Born 06/08/09
160x600 placeholder
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.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist