I bought 450 more shares this morning - couldn't pass up the $5 plus dividend - thank someone for selling so I could get a low low price.
There was another thinly veiled hit piece against Kinder Morgan today on bloomberg. Maybe that is part of it? Who knows.
Here comes Morgan Stanley again
profits down 1.6%
GAAP profit is not a great measurement for an MLP. Look at distributable cash flow, That is the name of the game for unit holders....DCF was up 26% over the first quarter last year. The dope at Morgan Stanley forgot to mention that is his article.
I'm waiting for a lower price to buy more.
Sentiment: Strong Buy
You may get it if history repeats.