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Inergy, L.P. Message Board

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  • jrussell823 jrussell823 Feb 2, 2012 11:13 PM Flag

    I got out today with a trailing stop loss

    I was really surprised at the degree of panic selling last Friday. I am all out now and think that ex-div day will set off another round of selling similar to friday. I don't think I will come back in, even at 14 unless the management comes forward with some future plans. I hate to think that the company spun off NRGM to deliberately leave NRGY as bag holders of a losing propane business. Probably, once the dust settles, NRGY will again be a good investment, I'll be watching. GLTA longs, I wish you the best.

 

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