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Inergy, L.P. Message Board

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  • vynus06 vynus06 Mar 10, 2012 5:04 PM Flag

    Way Down - Now What?

    Hi you are not down the dividend is still the same so far. The downward trend is only if you want to sell, or wait for it to come back up again which it will, and if the winter is colder next year. The stock will go back up also. Be patient.

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    • Cash out and buy FGP instead- the distribution is not in question of being cut...

      No salt mines, storage facilities or pipeline build outs...

      FGP is into acquistions of other propane distributors.

      Why store with all the new nat gas frakking coming online- propane should be readily abundant to flood demand - I think distributors will be the beneficiaries as the auto-conversions hit the markets. The tank exchange may not be just for grilling soon...

      I sold my Nrgy @ ~18. @ minimal loss.

      Went into FGP @ 18 to capture the recent distribution. Down a little at this point but feel secure in the blue rhino and mass distribution network.

      No way will I come back to Nrgy with distribution cut on horizon, removal from the index, and catering to nrgm unitholders with any extra cash through increasing that distribution rather than the nrgy unitholders.

      Just my thoughts.