Wild Wild Words

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Christopher Wilde
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Tuesday, April 22, 2008

Remember I said...

It was a good investment to look for the companies that sit to the side of the issue.  Here is a mining company, that produces an important agricultural product. 

Intrepid Potash (IPI), the largest U.S.-based company that mines an essential fertilizer ingredient called potash, braved a mean market for IPOs and saw its shares soar. The company's shares jumped $18.40, or 58%, to close at $50.40. The first-day gain came despite the initial price being 14% above the expected range.

 

And if I only had the money. :-(

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