Fri, Apr 18, 2014, 10:59 PM EDT - U.S. Markets closed for Good Friday

Recent

% | $
Quotes you view appear here for quick access.

Inergy, L.P. Message Board

jdesai25 3 posts  |  Last Activity: Sep 13, 2013 11:27 AM Member since: May 13, 2011
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    what is going on?

    by jdesai25 Sep 11, 2013 10:29 AM
    jdesai25 jdesai25 Sep 13, 2013 11:27 AM Flag

    Thanks for the input. NRGM offerring only helps NRGY, doesn't hurt.

    I definetly made a dumb buy by buying at the top end. It's going to be a while before it goes up 25% from here. I'm gonna have to cut my losess a bit, maybe sell half or so. Dumb, dumb move.

  • jdesai25 by jdesai25 Sep 11, 2013 10:29 AM Flag

    NRGY is my largest position, buying it at a little under 16. It has dropped 20% from there and I don't know why. The merger should be closed at the end of the month but I don't know if that will help, and even if it does it's a long way back to positive for me.

    Anyone have an idea as to why the big drop? It's an MLP GP, which is rare, and distributions should grow at high clip after the merger. Huge insider ownership as well with a strong PE sponsor. Why the big downturn?

    Sentiment: Strong Buy

  • jdesai25 by jdesai25 May 13, 2011 7:18 PM Flag

    Yesterday WES market cap was about $2 Billion, now today it's saying $3 Billon. How did this happen? Did they just release info today restating their share count? And now do they have $1 Billion more worth of shares?

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Weibo Corporation
NasdaqGSThu, Apr 17, 2014 4:00 PM EDT
SandRidge Energy, Inc.
NYSEThu, Apr 17, 2014 4:01 PM EDT