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Ithildriel

06/02/08 2:47 AM

#562 RE: langlui #559

I need to try and get some sleep, I've been working my bootie off all weekend. Just finished blogging for some possible earnings plays this week.

http://ithildriel-research.blogspot.com/2008/06/earnings-research-6108.html

Let me know if you like any of them. :)
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Tuff-Stuff

06/02/08 6:24 AM

#563 RE: langlui #559

Intrepid Potash net quintuples on 75% higher sales

By Robert Daniel
Last update: 6:18 a.m. EDT June 2, 2008

TEL AVIV (MarketWatch) -- Intrepid Potash Inc. (IPIintrepid potash inc com
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IPI) of Denver reported that first-quarter net income quintupled, with pricing and demand pushing the quarter's earnings higher than profit for all of 2007. "The potash industry is in the midst of an unprecedented demand driven-market, fueled by numerous drivers, including an ever-increasing demand for a more nutritious diet, especially for more protein, resulting from rising populations and growing GDP in developing countries," Chief Executive Officer Bob Jornayvaz said in a statement on Monday. Earnings reached $33.1 million from $6.4 million in the year-earlier period. Pro-forma per-share earnings were 27 cents against 5 cents. Sales rose 75% to $84.4 million from $48.2 million, the company, which is the successor entity to Intrepid Mining LLC, said. Intrepid Potash went public in April at $32 a share. The stock closed on Friday at $49.16.