Post by
BSdetector2016 on Jul 13, 2024 7:02am
Cyclicity of propane pricing and Superior II
Given what we know about the commodity, It is obvious that Superior SP tracks propane pricing closely. The long-term chart is totally range-bound within a relatively narrow channel. The is zero growth here - NONE. Management needs to be taken to task for that. The dividend is tempting but that's all you'll get with this stock unless you buy it when it's plumbing its lows, and sell it two years later when propane pricing, and hopefully SP, is better. 2026 can't come soon enough for this stock.
Comment by
Freezerburn on Jul 13, 2024 9:49am
So are you saying we should buy it when its low instead of high? Wish I'd thought of that.
Comment by
Rocet98 on Jul 13, 2024 5:41pm
I hoping $8.30-$8.50 is huge support. And build off that????