NiSource Inc T.NI

Primary Symbol: NI

Utilities Utilities - Diversified

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

NiSource Inc

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Post by M139on Jul 11, 2013 4:59pm

210 Views

Post# 21602760

Iceburg seller

Lets see, right now I can buy pretty much all the rights (NT.RT) I want for .005 and exercise those at .024 for a total of .028 and I get a warrant with that at .035. So, why not just sell (or naked short) as many share as I want at .03 and then cover everything at .029. Nice scam and practically zero risk unless the rights dry up.

M

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