Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next
Author: Smufty2 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 14971  
Subject: Re: FKA - SQM Date: 8/13/2013 6:31 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 4
I definitely view this as a commodity play. The ups and downs tended to follow the commodities in general until it suddenly became the redheaded step-child.

I originally bought it as a lithium play years ago and realized it ran much more with potash when I got an unexpected quick ride up as potash became the speculators' darling of the day. I sold close to the top and then set a low ball price alert at a price where I thought it might be worth buying again. A few years passed and earlier this year I received my alert and started watching SQM more closely. I was watching my buy signals while also trying to decide whether it was fundamentally worth another investment when it got caught up in the potash plunge. I think now I will consider stepping back in when my signals suggest that the knife has truly stopped falling.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next


Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.