MOS on Spinoff, possible acquisition

[ducati998]

Buy MOS for a swing trade.

Basically MOS has recently been spun-off. Spin-offs are very attractive trades in their own right: add to that MOS is in the Ag space, add to that BHP has been sniffing around POT, and rejected, add to that food inflation...and it all equals a potential swing trade.

The long story here

jog on
duc

 

[ducati998]

Update:

MOS is down a couple of % currently. On my analysis, this is a support point. Action may be required, at the moment, just watching it trade.

jog on
duc

 

[ducati998]

RIO DE JANEIRO -Dow Jones---Brazilian miner Vale SA -VALE, VALE5.BR- said Friday that rumors it may be in negotiations to make a bid to acquire a fertilizer company are "totally unfounded."

Reports surfaced in the local and international press this week that Vale could be among parties interested in acquiring agribusiness giant Cargill Inc.'s stake in U.S. fertilizer company Mosaic Co. -MOS-. Cargill is planning to give up its majority stake in U.S. fertilizer company Mosaic Co. in a transaction worth about $24.3 billion, people familiar with the matter said.

Players like BHP Billiton Ltd. -BHP, BHP.AU-, which launched a failed $38.6 billion bid for Canada's Potash Corp. of Saskatchewan Inc. -POT- last year, may also be eyeing a participation in Mosaic, according to press reports.

Companies involved in producing crop nutrients are seen as attractive takeover targets, in light of increasing food demand from countries like China and constraints on global food supplies. Last year Vale spent almost $5 billion in acquiring Brazilian fertilizer assets from Bunge Ltd. -BG- and Fosfertil SA, expanding its international fertilizer assets base.

"Rumors about a bid to acquire a

jog on
duc

 

[ducati998]

Update,

MOS nicely held it's support area, and is preparing to break short-term resistance, that should take the price to circa $85

jog on
duc

 

[ducati998]

MOS looking good. There's still some upside remaining, so I'll continue to hold.

jog on
duc