The difference between the Russian nuclear explosion, the Japanese nuclear meltdowns, and Three Mile Island meltdown is levels of regulation. And even though the US meltdown ended OK, the regulations were increased and will continue to be.
Some regs. like the diesel exhaust go too far too fast and industry can't keep up. Diesel cars were pulled from the market and Navistar still has to pay a fine for each new engine it ships until they find a fix to meet the new regs. I've heard little data was used to set the exact level picked.
KMR's 8.8 million shares were sold on the open market and the price was set lower than last trade I assume. KMP shares went to KMI and not sold on the open market.
KMR and KMP usually recover after the offering is sold. We will just have to wait and see about KMR this time as KMP was not really involved in a open market sale.
Don't blame Rich for everything. Every since GS showed things seem to me to be different. I don't know and it is just my opinion, but. There are examples at people in the know say to look at.
The people that actually have to pay the 11 are those with out insurance but have some money and income. They are the ones in the middle. The charges are inflated. Insurance companies pay about 1/3. The poor pay little or nothing. Medicare 10 to 20%.
The people who have to really pay are ununited powerless minority who can be kicked around and are. Politicians and hospitals don't win anything helping them so they don't.
VPG cc at 10 am aug 9 2012 Check out the message board. The last heading 3 months ago. a follow up today. Makes LIWA a bee hive.
The interesting thing is so many shares of KMR to be issued. I've heard they want to have lots of KMR out and not so much of kmp thus become self financing because the KMR distribution does not take cash and allows retained earnings for investing.
As you can see Aug 7th announcement of more shares lead the price down $2.50. Every 3 months more shares are passed out to KMR, and not to KMP, many to retired people who sell them during the year. Also KMP are held by older people who will not sell because of income tax recapture not found when selling KMR. KMP often goes into an estates and sales may come later. This causes KMR to be locked up 10 or 20 years.
Fri 27th, Nightly Business News (NBR) on PBS will have market monitor who:is "warming up to Chinese stock.)
National exposier might help.
"And our Friday “Market Monitor” guest scheduled to be Marshall Front. He says he likes stocks over bonds. In fact he’s even warming up to Chinese stocks. He’s founder of investment advisor Front-Barnett and Associates."