Wish CNN.money or some other similar website would have a message board at which time this yahoo bunch would become a distant poor memory. KMI is not the only message board that's closed. TPZ, which we own, is also closed.
No, it wasn't an over-reaction IMO. Finally found the financial statements as of December, 2014 on their website. The balance sheet presentation was not complete in accordance with GAAP. While the cash position rose to 18,273 from a December, 2013 balance of 972, debt increased by a whopping 30,720 (all numbers in thousands). Are they're borrowing $ to stay afloat? They bot Romano's for 55 million two years ago and sold it for 8 million now according to the Houston Business Journal.
What loss? We averaged down and, unlike some others with no life other than this message board who have no vested interest in this stock, we don't post on boards for which we have no stock. Over and out.
If you go back in the archives (don't know if you even can) when this was PRW and PRWP, you'll find it was ALWAYS "next year" without fail. And, it always failed. Wish someone with $ would file a class action suit against the AZ promoter of many years ago. BTW, this was way before the present management.