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NiSource Inc T.NI


Primary Symbol: NI

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.


NYSE:NI - Post by User

Bullboard Posts
Post by moneydazeon Jan 12, 2010 10:52am
268 Views
Post# 16668196

Cannacord

CannacordHi,

From watching the trading over the past couple of days it is interesting and makes me a little bit curious as to the trading going on over at cannacord. It seems that everytime someone buys into the ask they sell one board lot into the bid but on a cross. What would be the purpose of this other then causing the share price to drop? 

Could they be doing this for a corporation that has hired them to minipulate the stock thus making it a cheaper takeover target or do you think that the house itself is trying to load up on cheap shares?

I have also noticed that TD and Scotiabank along with Jitney at times seem to be employing the same plan.

Any thoughts.

Moneydaze
Bullboard Posts