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Inergy, L.P. Message Board

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  • phoenix773 phoenix773 Aug 31, 2010 2:48 PM Flag

    Stock Price decline

    Too many law suits to defend cost shareholders distributions?

    One thing you can be assured of is most stocks will trade at the 200DMA on corrections if they are allowed to correct and not manipulated. NRGY is doing just that and is a good place to buy a little more.

    The unit price was making great headway when the GP made the announement. I sure hope it is good for the future of NRGY.

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    • who file lawsuits when there is any major organization change, hoping to start a class action, claiming(usually without any merit), questions of fiduciary responsibility. Their intent is to get a settlement so as the firm will avoid the cost and harassment, of which the law firm receives the lions share of the proceeds. If Abraham Lincoln were alive today, he'd say this is a country of, by and for lawyers.