The Mosaic Company (NYSE: MO) opened today and shot up strong.\u00c2\u00a0 At one point this morning the stock as up over 1.00 but edged back and was up 0.81 to 23.09 at around 10AM EST.\u00c2\u00a0 The day has barely started and the volume traded today is already at 20% of the average.\u00c2\u00a0 The stock was featured on last Friday’s Mad Money show.\u00c2\u00a0 Cramer was mentioning that the stock was likely to be promised things from presidential hopefuls in the upcoming presidential elections due to Iowa.\u00c2\u00a0 I do not know how American politics works, or the significance of Iowa, but I believe Mosaic can stand on its own as a strong company without the presidential speculation.<\/p>\n
When he began to talk about the company, I immediately knew what company he was talking about.\u00c2\u00a0 Living in Saskatchewan, I live near Saskferco, a company which Mosaic has a 50% stake in.\u00c2\u00a0 This potassium mining facility is at Belle Plaine just west of Regina.\u00c2\u00a0 As well, the football stadium in Regina, Taylor Field, was just renamed Mosaic Stadium for the corporate naming rights.\u00c2\u00a0 Both of these things, make the whole Mosaic Company seem closer to home, even if the company’s headquarters is in Plymouth, MN.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Mosaic Company (NYSE: MO) opened today and shot up strong.\u00c2\u00a0 At one point this morning the stock as up over 1.00 but edged back and was up 0.81 to 23.09 at around 10AM EST.\u00c2\u00a0 The day has barely started and the volume traded today is already at 20% of the average.\u00c2\u00a0 The stock was … Continue reading Mosaic Opens Strong<\/span>