Superior Plus Corp T.SPB

Alternate Symbol(s): SUUIF

Utilities Utilities - Regulated Gas

Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), North American Wholesale Propane Distribution (Wholesale Propane) and Certarus Ltd. (Certarus). The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States and California, as well as the Midwest to residential and commercial customers. The Canadian Propane segment distributes propane gas and liquid fuels across Canada to residential and commercial customers. The Wholesale Propane segment distributes propane gas and other natural gas liquids across Canada and the United States.

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Superior Plus Corp > price collapse

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Comment by newcoinon Jul 19, 2024 11:31am

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Post# 36140065

RE:RE:price collapse

There is absolutely no apparent reason for the s/p collapse. The attack is just a good timing for the algorithm. Ex dividend happened, Q2 (reporting soon) is not usually SPB's strongest, CEO of Certarus resigns (to take a promotional position elsewhere), many investors are up at the lake fishing and we were all caught off guard (shocked) as there is no logical reason to be attacked.
Once everyone figures out that the s/p at $8.00 makes no sense, the s/p will recover.