Wednesday, April 09, 2008

20080408 PM, IPI

DJIA 12,576.44 -35.99
NASDAQ 2,348.76 -16.07
S&P 500 1,365.54 -7.00
Light volume all around. Earnings.
IMF plans to sell ~$6B of gold.

CTXS 33.14 +2.3. Takeover talk.
WM 11.81 -1.34. Monster volume. Diluted shareholders with contract to dilute in future at 8-something. Why is this still at 11?
TGB 5.5 -.14. Looks to retest 5.
PDS 24.1 +.06. Light volume.

Intrepid Potash Inc. told regulators Monday that it expects to fetch between $24 and $26 per share in a planned 24-million-share initial public offering.

Denver-based Intrepid Potash, which produces potash and langbeinite, is a unit of Intrepid Mining LLC.
...
Intrepid Potash has applied to list its common stock on the New York Stock Exchange under the ticker symbol "IPI."

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