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down 68.73 %

INTREPID POTASH INC (IPI) rated Buy with price target $22 by Wunderlich

Posted on: Wednesday,  Jul 31, 2013  12:25 PM ET by Wunderlich

Wunderlich rated Buy INTREPID POTASH INC (NYSE: IPI) on 07/31/2013. Previously Wunderlich rated Buy INTREPID POTASH INC (NYSE: IPI) on 09/11/2012.,
when the stock price was $24.31. Since then, INTREPID POTASH INC has lost 68.74% as of 08/27/2015's recent price of $7.60.
If you would have followed the previous Wunderlich's recommendation on IPI, you would have lost 68.73% of your investment in 1080 days.

Intrepid Potash, Inc (Intrepid) is a producer of muriate of potash (MOP). The Company is engaged in the production and marketing of potash and langbeinite (sulfate of potash magnesia), another mineral that contains potassium. The Company markets its langbeinite under the name of Trio. Intrepid also produces salt, magnesium chloride and metal recovery salts from its potash mining processes. The Company owns five potash production facilities: three in New Mexico (collectively known as Carlsbad or individually as West, East and North) and two in Utah (Moab and Wendover). The Company has the capacity to produce 1,200,000 short tons of potash and 250,000 short tons of langbeinite annually. It also owns two development assets in New Mexico, the HB mine, which is an idled potash mine, and the North Mine.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/31/2013 12:25 PM Buy
12.75 22.00
as of 12/13/2013
1 Week down  -4.39 %
1 Month down  -8.30 %
3 Months down  -3.44 %
1 YTD down  -31.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/11/2012 8:25 AM Buy
24.31 26.50

(*) Stock Price at the time of the recommendation.
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