Whoa! These buyers are showing some real conviction. Hey Phoo, Was that a silly bagholder that thought we might see $6.50 by years end? Glad I'm all in.....
Wow Foo has 818 posts! Must have no life. LOL
Annual propane sales in gallons: 2016 - 779 mil 2015 - 879 mil 2014 - 947 mil Source: 2016 10-K page 5
What is the "growth" everyone is talking about?
CEO sure SCREWED all the stock holders with this POS
Company might be #$%$ but I'd still like to thank whoever bought the deep in the money puts I sold in the $4's. :)
The US uses approximately 12 billion gallons of propane a year for non-heati purposes. Look it up!!! FGP accusations have been increasing both residential and commercial. Commercial use in the US is approximately 12 billion gallons a year.
Another strategic acquisition! At this rate FGP could soon be number one - the largest U.S. propane distributor. Banks like market dominance; could help CEO Ferrell with the debt problem.
Foo, if someone won 10 minion dollars your response would be "Yea, but you have to pay taxes on it. LOL
Volume increasing above average daily now. Shorts are desperately trying to stop the reversal, majority buying on dips, every time. Upside call volume coming.
Reaction to the anticipated shortage in oil and gas in the aftermath of Harvey?
Go ahead and run it up so I can buy cheap puts. Thanks in advance!
Why is it going up? The past financial reports (that are factual) do not warrant this move in price. Analyzing current financials indicate that this company is screwed? Somebody back up why this is going to trade at $6.50 or higher per share on or before Dec 29th?
MIA ? Appreciate the thoughtful response. Name calling and derisive labels are juvenile and counterproductive; more of a blight on the user. Still don?t understand the arrogance.Clearly, successful short sellers must rely on financial research (the past) and analysis (an informed guess on the future) unlike many inexperienced investors who buy long with less objectivity and more emotion. However, FGP employees / ESOP participants (thousands of diverse skills across all 50 states), include some who are loyal, intelligent and well positioned to sense progress or failure in their realm. They buy, hoping to offset last year#$%$. A few may flash into the FGP conversation to interact with ?all those other FGP investors? only to be insulted and disabused of their hope. I doubt if any dump their shares; they just retreat and wait faithfully for the eventual recovery. None have the time or inclination to validate a short seller? bad news but I do. Too many times Phoo reports only the worst case in a data source ? poor credibility. James is usually more reasonable and credible. I know following the herd, is risky but I?m retired and I enjoy profuse research (online and direct contact). I know enough to mediate the risk and stay long. BTW, I?m also comforted by a couple seasoned analysts who reasonably support eventual recovery. I know Pamela is down. On the flip side none of the insiders have sold. ESOP and Institutional Holders also not selling. Best of luck.
Quite a ride this week. Big upside, then a total about-face yesterday afternoon and now back up (so far) today. Gotta be more than Harvey at play here. Maybe some ppl just got back above even and took profits Thursday?