I thought I had it all figured out but obviously do not. From my point of view, the only things in the near term that will drive up the stock is a buyout (a big player could capture a lot of reserves and infrastructure for a lot less than they would have cost 12-18 months ago) or a big problem with Iran that would drive up the price of oil and hasten conversion to NG. Otherwise, it may be a few years.
If someone wants to buy UPL for $50+/share, he can sure have my stock!
UPL usually moves in the general direction of the price of natural gas. Lately, it has not. See
(You might need to copy and paste.)
It ought to be at about $25.00. Something is wrong.
I am glad to know that 70 cents in 70% of $2. LOL.
That said. Stock prices are forward discounting mechanisms. The tanking price is telling you what will happen when Storage hits full capacity.
Happy buying and holding.