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Energy Investing
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Re: WCP Grant buying moreInsider buys of that magnitude for the ultra-rich is peanuts. And insider buys have never been meaningful, same for stock buybacks. And if you own it, you just lost a year's worth of dividends in a single day. I liked WCP, but not sure that their recent acquisition is without risk, as future natural gas prices are unknowable. If we return to previous levels, it could be a bad decision. JMO |
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