Just rising above 200 day moving average with coincident big call option volume. Somebody thinks this thing is going higher and now there will be more traders seeing it shown up on their radar screens. Add in the big insider buying and the recent environmental death blow to the coal industry and I think we have a perfect storm going here. Gitty up!!!!!!!!
KMI's future doesn't need a crystal ball, it's prospects are being spelled out perfectly clear IMHO right now...Maybe what this stock needed a while back was brass balls... The courage to load up the boat right after Hedgeye and Barron's had defamed the company. At the time I stated on this board I believed the buying opportunity to have been one of the biggest gifts I had ever been given.. I'm happy (or lucky) to be in at 31.96, but if I wasn't I'd buy it right here. With rising earnings and reduced skepticism, I think the stock will go well beyond $40 in time. While you wait, collect a dividend just shy of 5%...with earning expected to grow at 8%, that price target could rise by $3-4 a year....it's mt favorite ( and by far largest) at present. I see myself owning this stock LONG TERM....I think it is a perfect retirees stock. Nice current income with income inflation protection and great prospects for capital appreciation.