NRGP has the 3 for 1 announced..... look for NRGY to follow. Volume would increase and get more trading going on in the stock. I already spoke to the company and this option is being considered per Inergy Investor Public Relations. They need to set up for the BIG BOOM of volume coming on the way as US offshore drilling will be postponed and that means higher oil prices.
BUY $90 OIL FUTURES. I would even go out to $95 futures. World consunsumption is increasing and the Gulf is about to halt traffic per regulations. That mean it will be trucked to the refineries, and those semis dont run on natural gas...LOL! Anwar is done until next summer at the earliest. Many coastal states are also putting bin for a stop in offshore drilling until the Gulf "specifics" are sorted out, and after yestrday it loks like that will be for a very long time. California is already saying stop drilling and the East Coast is also joining in. All of this will push for alternative energy and even if OPEC trys to keep gas on the cheap, they will not be shipping it through the Gulf for a while. Pull a map up of the refineries. Oil is going higher,way higher! NRGY HURRY UP AND GET THE NRGY SPLIT DONE BEFORE THE NRGP, even consider a 5 or 10 for 1 to make a statement...keep the dividends as a key factor on the split.
MM's, now is the time. The individual investor,the company,the politics, oil prices..........let's all make a boatload. BTW, I do eat before going to bed, let's jack this up from Raman Noodles to Prime REib!
Good Trading! Others, call Inergy and give support for the NRGY MEGA STOCK-SPLIT that will signal the market the time is a hand. NRGY IR, GET ON THIS FASTER, I WAS LOOKING FOR THE SPLIT NEWS THIS AM. GET IT OUT ASAP, EVEN IF YOU HAVE TO HALT TRADING TODAY FOR AN HOUR.....I'LL LET CRAMER KNOW ON THE SPOT AND ALSO USE MY CONTACTS AT CNBC.
Many Institutional investors and your average retail investor likes stocks over 5 (marginable) and under $10. I believe a sub $10 NRGY would attract small cap growth funds. A 7 for 1 is just a little to close to that $5 range. The 5 for 1 would place the stock at $7.40 per share... perfect entry price for your average retail investor that puts $1k a month in the market (100 shares = $740). With the share structure right now $1k gets you 27 shares of NRGY. May sound crazy,investor psychology works when your average monthly retail investor can grab 100 shares vs. let's say 3 or 4 shares of Apple...... even though the 23 or4 shares will in AAPL's case give you a better return on investment.
Look what happend today with BIDU's 10 for 1 stock split, all the sudden people can afford to buy the shares that could'nt afford them yesterday....LOL! There are more DOLLARS going into BIDU today.
Now let's use NRGY in the 5 for 1 split. An investors says, wow! Look at this stock that has paid 23+ dividends, is on the NYSE, and is a natural gas play for under $10.....wow, that is super cheap. Market Cap is seldom looked at. You can also moove a $7.40 stock to $10 alot easier than you can take a $37 stock to $50.00. I'll admit it, when I see a sub $10 stock I believe that it is cheap and depressed for some reason. I've made more money on sub $10 stocks than I have made on +$50 stocks.
NRGP is doing a 3 for 1 @$70 for a $23 NRGP.... it will attract more investors.
If NRGY does a 5 or6 for 1 stock split people will see NRGY as undervalued and more apt to invest. Many people will throw $600 to $800 for 100 shares of a company and not blink an eye. When they have to toss #3,700 for 100 shares we are in a new class of investor. If the dividend is going to freeze NRGY in the $37 to $42 trading range that is boring. Give the public a sub $10 stock and they get all excited about hitting $10 and then $15,$20...... just like NRGY used to be. There is just more money for everyone in a sub $10 stock (mm's,,inv's,traders). I can churn shares of C and build more and more on an initial investment. It gets alot tougher when you are dealing with a $40 stock. There is also the precieved thought of less risk in buying na $7 stock vs, a $40 stock.....I can only loose $7 in one and $40 in the other....... even though an investment is an investment. CNBC is reporting that people are trading on emotion right now due to the volitility in the market.
All I know from past trading is that people want to be in a stock early and a stock under $10 is precieved to be early no matter the market cap.
I've got ameeting and have to fly, maybe we wil see a split in the news in the am ASAP. If not, we will just have to wait it out longer for the gains considering the stock is stuck here in this range. The nice thing is that they can create a new range, the mm's would love the volume and the stock IMO would push much higher on precieved being undervalued,,