I am in the same boat. Own many closed end funds also which have gotten hammered. Reinvesting dividends providing improved cash flow but not enough to offset the declines.
I am the same as all of you. When I sell it will be the bottom. For what its worth on or about 11/6 Credit Suisse raised target from $67 to $68.
I have no problem with your correct calls on KMI as you have clearly been spot on. I just find it sad that you seem to enjoy other investors losing money. I suspect based on your style of writing you probably have
little of your own. Feel free to brag if it makes you happy.
He is not making it personal he obviously has nothing else to do with his life to bash a
position that he does not own.
I agree with your statement about the analysts. They take emotions out of the equation, have no vested interest in buying or selling or like others bashing for no reason other then they have no life.
Why would someone who does not own the stock and have no vested interest spend so much time bashing something he does not own?
Merrill also has buy price target $39. I think most long term holders (since 2000) have done well both in
appreciation and as a DRIP investor, super with cash flow. Logic says that no one can be happy with the
current drop in price. Firstly I do not believe for a minute that the people who are short actually have executed a real position and are probably writing this in their pajamas. What irritates me is that they seem to want
people to lose money. No serious investor or educated person acts in this manner. There is plenty of information available on both sides written by serious and detailed people in the field. The challenge is to sort out the clown sources and make educated opinions from legitimate sources. There are some great non clown providers of information which I look forward to daily.