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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Comment by CashIsKing16on Sep 17, 2014 9:26am

251 Views

Post# 22943309

RE:A perfect steal

You are so negative on the company and so sure that it's going to 6 cents after consolidation (or now 20-30 c after consolidation) which represents a 50-90% drop from current level, why the heck do you still own shares? If you really believe what you write, the logical thing to do is SELL.

Micky1212 wrote:
Now, they have also stopped the trading in germany, without informing the shareholders.
The other things from this story are clear new.

First they will drive down the shareprice to 20-30c.
Then they will sell the whole company on somebody.

The shareholders were carrying the risk, now the gains are for the big brothers. We will never see anything from what we were waiting for. Name for it is a perfect steal. We are the idiots like so often on the juniors market.

Cheers

GLTA