Mon, Dec 22, 2014, 7:51 PM EST - U.S. Markets closed


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

Inergy, L.P. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • moneyonomics moneyonomics Aug 1, 2011 10:10 PM Flag

    why NRGY is at low for year and

    oops should have read "third quarter propane results may "not" be robust as some are thinking but also should not be terrible either."

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The markets look terrible in China, Europe and the U.S. I expect more of this and price drops have not stopped.

      I am predicting this November-December is going to be a terrible tax loss selling period.

      Most shares are going lower. The U.S. has started loaning the European Central Bank dollars which are then being loaned to their banks which are facing the problems our banks faced 2-3 years ago.

      This is going to get bad. I originally saw a 20%+ decline when I started this thread. Now that I see the deterioration across China, Europe and stagnation here, I'm thinking Inergy is going down another 20%.

      I will get a good buy in point but will wait for the 4th quarter report. Of course the third quarter is coming up too.

      • 1 Reply to richardleeds
      • I never could pull the trigger on this company just too much negative news each quarter.

        I see another 20% drop in the share price from the current level reached today.

        It is ugly and I do not see the turn around. I see more negative news with warm weather across the U.S.

        What happens when the dividend gets cut 50% and the retired folks run and dump shares.

        A few of the mortgage reits looks much more stable to me for the next two years of cheap money and very low interest rates.

        These shares continue in a free fall. What happens if we have a down market due to events in the Middle East, or Spain starts to go through a Greek episode and add in the dividend cut and seniors that have invested dump shares.

        I just do not see any reason to hold an investment in NRGY, there are too many other high yielding shares out there that are not in decline.


Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Gilead Sciences Inc.
NASDAQMon, Dec 22, 2014 4:00 PM EST
Henry Schein, Inc.
NASDAQMon, Dec 22, 2014 4:00 PM EST
Sirona Dental Systems Inc.
NASDAQMon, Dec 22, 2014 3:59 PM EST