Post by
marketsense on May 07, 2021 1:23pm
At last
We are seeing the unbelievable happen. ALA is jumping up now in response to excellent
metrics and positive ongoing progress in their strategy of under promise and over deliver.
The remaining short positions must be covering now so that's adding fuel to the move.
The street is falling in love with their story.
Agree by next year we could be closing in on $30. The Asian market still needs propane
due to the widespread lack of pipeline infrastructure to deliver gas to everyone like we have
in NA or Europe. Propane is still their best option for cooking and even transportation.
On the WGL side, its a steady eddy business that ALA can count on for as long as they
want to own it. I see ongoing dividend hikes every year which will attract more buying
and provide the momentum for higher sp. This is like a $30 stock still on sale. Plenty
of upside left IMO.
Comment by
BSdetector2016 on May 07, 2021 1:32pm
In an "Everything Up" market everything eventually floats, even ALA.