Monday, October 05, 2009

BAGAKOAA Oct 5, 2009 12:46 PM


Remember my play on lithium two weeks ago.  I bought ROC and SQM and FMC.  I go out of FMC and ROC because they hit my 8% down target.  I could not figure out why Credit Suisse knocked down ROC.  In this weekend Baron’s I found the answer.  SQM lowered the market price for lithium by 20%.  CS did the downgrade almost immediately.  I still have and did increase my position in SQM.

Salve Lucrum


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