From the falling stock price, I still think it is because this will be their worst quarter for profits in over a year. LPH only has a 22 day look back as a hedge for selling prices for retail fuel products. 50% of their business is by contracts, are those contracts at a set price for the year? It is clear from this video, LPH needs prices to move up and down for LPH to make the most from their business model of buy low and sell high.. over the last 3 months with fuel prices going higher each month, there has been no chance for LPH to buy low.
I think LPH has set the bar high for 2011 profits and the market does not believe those numbers are achievable by the very low share price. This Q will be the big test for LPH.