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Re: Trueheart post# 3

Monday, 03/28/2011 4:07:21 PM

Monday, March 28, 2011 4:07:21 PM

Post# of 95
Thoughts on insider buying w/ this stock?

Amerigas Partners (APU) is trading around $46.05. Amerigas is a leading distributor of propane fuel products, based in Pennsylvania. These shares have traded in a range between $35 to $51.50 in the last 52 weeks. The 50 day moving average is $48.41 and the 200 day moving average is $44.93. APU is estimated to earn about $2.98 per share in 2011.

What Amerigas insiders and other investors might be seeing: Amerigas could benefit significantly as the U.S. economy continues to improve. More propane will be used by businesses, and consumers and pricing power should improve for Amerigas. Also, APU pays a generous dividend, $2.82 per share which is equivalent to a 6.2% yield.


This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My resume is real time on Twitter @TurnKeyOil.