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Inergy, L.P. Message Board

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  • cptn_buzzkill cptn_buzzkill Jan 27, 2012 11:00 AM Flag

    math assignment

    sure. if your math is close to right.

    but, there is always the possibility the distribution cut will be more severe, that way more sellers will arrive and gap this POS down again, or that the propane business doesn't pick up in the next year (warm temps in particular - I know I am using very little LPG at my place right now).

    I already have a substantial position in NRGY....and its way underwater now. I'd add more if I were confident this is the bottom. I just don't...quite...feel...the...bottom is here.

    The lows of 2008 were in the 15's. That may the place to buy. Maybe.