% | $
Quotes you view appear here for quick access.

Inergy Holdings, L.P. (NRGP) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • abter1 abter1 May 4, 2010 7:40 PM Flag

    3 for 1 split I wrote that right about 4:00pm I swear Yahoo was showing NRGP up. Clearly that was wrong. Whether it was me (most likely) or Yahoo (can't rule that out either)...doesn't make any difference. NRGP closed down 1.56%, not so different than the AMZ index -2.08%.

    I think that Splits are a feel-good move to gain some attraction. Yes, Dell had 7 splits between '92 and '99, and the price kept rebounding. But that was also in the heyday of the dot-com, and Dell was a very successful business. I am not convinced that the total rise in the value of an investment in Dell during that period would have been any lower if there were not any splits than occurred with the splits. Nothing real changes with a split (same total earnings, same business future, same invested capital, same risks)...only the # of outstanding shares changes.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • abter, I would agree with you in most cases, but not NRGP. The float is too small to accommodate even modest blocs of stock, as I learned the hard way recently, when I had to break my sale into smaller lots. I never use market orders, so there was no match until I broke the bloc into smaller orders of 500 shares each over two days. A split should help this situation.