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Inergy, L.P. Message Board

azurelight58 1 post  |  Last Activity: Apr 22, 2014 8:41 PM Member since: May 17, 2002
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  • azurelight58 by azurelight58 Apr 22, 2014 8:41 PM Flag

    First, who was on the buying end of the Chairman's block trade? Somebody was buying in significantly at 17.30 with a notion that that it will pay off.

    Secondly, I hardly begrudge Riggio taking some off the table for discretionary reasons - especially at his age: you can't take it with you as they say......

    but as he sold I might assume that he knows full well there is not some cliff the company's about to go off this Q; Selling a large amount of shares in the face of that would not be a wise thing to do as the ultimate insider of the company. Therefore chances are there is a cushion under the depleted share cost at this point.

    The Liberty stake also, btw, had to be bought up. I wonder which bigs are holding those now?

    B&N has absorbed some body punches the last few months, yet it shows some resiliency in trading and I believe there is some abiding value to this last remaining bastion of brick and mortar bookselling in America.

    I bought some btw, needless to say.....

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