Saturday, May 6, 2023

Disappointment

 

The market expects ICL Group (ICL) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2023. The earnings report is expected on May 10, 2023, and might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move even lower.

The fact is that today Saturday the stock is sinking. The AI that manages most big funds thinks that ICL will be almost worthless. I am shocked by reality, I had FAITH in POTASH. Where is Mr Doyle who organized the potash cartel years ago?

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