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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 cupricityon Jan 05, 2015 11:14am
193 Views
Post# 23285922

The Dangers of Twin Cos

The Dangers of Twin CosIn this absolutely miserable stock price environment when one lousy company gets some shares of another, better company, it is a recipe for disaster, as the leach has to suck the blood of the victim to pay for salaries and hydro bills.  Since everyone knows they have no choice the price continues to collapse until the leach is ripped off or sated.

 A good lesson.  If the company you invest has a lot of shares held by weak hands it is best to distance yourself. I am glad I only lost a few thousand on this one.
Bullboard Posts