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Inergy, L.P. Message Board

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  • stevansims stevansims Dec 18, 2011 2:40 PM Flag

    Insider Buying NRGY

    If he's an idiot, he's a pretty rich one. Also, an idiot who's in a pretty good position to know how the company is doing. I'll keep buying, right along with the idiot.

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    • I follow chart action, dividend payouts and insider buying. It's rare I will jump on a stock making lows like this one, however I think it's well over sold, company is very strong and the dividends at 11.5% sucks me in. This company has never backed off on dividends, so thats a solid plus. When an insider is buying millions of dollars worth of his own stock thats another big plus. If you look at other LP stocks, they have all backed off from highs. With this large of an dividend I think one can add on more shares if it goes lower and get a good return later. A President of this company, spending millions on his own stock is a 'Fool'?? Give me a break, only a fool would make that comment!

    • Count me in the idiot class. Daddy always said follow the BIG money and I do.