Aug. 18 at 4:06 PM
$MOS I’ve seen it enough times now that it looks like some of these less talented hedges fund or wealth managers are probably using Mosaic to cover their gambling losses in AI semis
$MOS sells off when semis have a big red day and its momentum breaks off from its fertilizer peers
It’s too bad since there is positive business news that isn’t getting more attention. Major refinancing happening today.
$871 million in debt getting refinanced and and maturity dates are getting pushed out a few years so no debt collapse this year like some bears were hoping for and it looks like they’re putting
$1.1 BILLION in cash onto their balance sheet which if management continues to be responsible and savvy should give them major flexibility during a historic time for the industry.
Not financial advice. Do your own DD