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AmeriGas Partners LP Message Board

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  • brubromb brubromb Oct 6, 2008 12:03 PM Flag

    ON TOPIC - Amerigas. . .not spam

    perhaps, but certainly not dull today. I also hold FGP and SPH, and seems all propane stocks getting punished today, worse than the averages. Reasons?

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    • The only thing that comes to mind is that folks either got spooked or wanted to raise cash. Natgas future prices have been falling so I would expect APU's raw materials costs to fall. Unfortuantely I prepaid 330 gallons for the winter at $3.10/gal; perhaps I should have waited. Oh well. I've had APU in my IRA for ten years and it just churns out cash reliably.

      • 1 Reply to sfbusfbu
      • There will be a snap back rally after credit eases by way of multiple govt. unified interventions. Just wait, 30 year fixed will go back to near 5% for those qualified. In addition, whoever gets in as Pres. will spend huge on infrastructure. Fork lifts and other machinery depend on Propane, not just grillers.

        Love the stock have owned it forever.
        M

 
APU
48.11-0.06(-0.12%)10:59 AMEDT