Absolutely correct; however:
Adipocyte hyperplasia (the increase in number of fat cells) occurs most frequenty following birth and during adolescence/puberty when energy intake is extremely positive (way over whats used), or due to genetic malfunctions. Adipocyte hyperplasia in adults only occurs when adipocyte hypertrophy is near maxed out. In other words, you have to gain a significant amount of fat before your body starts producing new fat cells.
Your traditional bulk and cuts are made possible mostly via the use of PEDS. You can put on a lot more muscle and you can hang onto it easier while dropping fat faster.
For those of us going about it natural, it only makes sense to find yourset point. For most of us, this will be between 8-12% body fat where we are able to maximize muscle gains while keeping fat gain at a minimum, which goes along with ryino's second statement.
To the original poster, its more than likely bloating and excessive food in the digestive tract that is causing it. It could be (though is less likely) an accumulation of visceral fat.
Br