InvestorsHub Logo
Followers 88
Posts 20608
Boards Moderated 0
Alias Born 06/16/2006

Re: Justin post# 3166

Tuesday, 08/14/2018 4:26:17 PM

Tuesday, August 14, 2018 4:26:17 PM

Post# of 8177
Ah, Justin, you did mention that I said that "I generally" didn't like to lose over 10% in a stock." I appreciate that for that is what I said.

Now as to this stock in general, the share price has been a financial disaster for investors for the past two+ years. At $13 it's down 27% from this year's high of $17.65 and a whopping 47% down from the $24.65 high in January, 2017.

That said, I think the stock's dismal performance is a thing of the past given the sale of the propane unit and reinvestment of funds into their more promising and lucrative divisions. I intend to look at the potential of the stock to get back to what I believe will be stock price gains into the teens and above, all the while paying me a handsome dividend.

Short sellers have made a lot of money here over the years. It is my opinion that most intelligent short sellers will find other playgrounds.

Trueheart
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NGL News