Well Phil, we had a bump in the road today. A Morgan Stanley anal-yst downgraded KMP and then CNBC's official clown, Cramer, decided he should agree with Morgan, even though he doesn't really know his a*s from a hole in the ground.
Inhirst , MS may have downgraded all high dividend that don't grease there palm. They downgraded CLX , I took a loss and ran . With KMP I averaged my Feb. calls down to a $81.07 BE. Earning on 1/15 and the Distribution to be official shortly after. Looking for a lean $82-$83 by ExDay. I see the biggest problem for 2014 is the historic 2013. Good luck, Phil
I was correct in that KMP took off :) . Just mistook the direction:( One lieing shark in my trading group said KMP would hit $78ish before taking off. Earnings on the 15th and the Distribution declared 15th to 19th somewhere. Have not given up will add .