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Inergy, L.P. Message Board

  • vickersviscount vickersviscount Mar 23, 2009 6:44 PM Flag

    New offering - pay down debt - thoughts?

    Alhtough this will drive the price down a buck or two (already down $1.25 after hours), investors (not quick buck artists) will be well served in this economy when a company can actually issue stock to pay down debt. This means more money to maintain the dividend, and for new acquisitions. After the initial stock drop, it will regain any loss within a month if history is a guide. A number of my companies have done this, and stock price usually comes back quickly.

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