MOS - Mosaic: Sell Before Everyone Else Does
- Mosaic reported a solid FQ1 card. However, the company's revenue and profitability could peak in FY22 before declining markedly from 2023.
- Management's commentary also suggests that the current situation will not continue indefinitely. Russia's supply could come into the market next year.
- Our price action analysis suggests a couple of ominous bull traps since April. The market makers have been drawing in the last of the buyers before shutting the trap door.
- We urge investors to sell now and cut exposure fully or partially. As such, we revise our rating from Hold to Sell.
For further details see:
Mosaic: Sell Before Everyone Else Does