Although I trust KMP management it is beyond common sense to see such sell off. Why would so many sell their holdings at year low price? Wall Street is way too smart to let a bargain go to small investor without investigating the cause. I am very long yet worried. I hope KMP management will refute the conclusions of BARRONS in an OPEN FORUM. CNBC or BLOOMBERG would be a good forum to challenge BARRONS article.
As long as they write it as an opinion, they have every right to say what they wish, of course intentional slander can be sued. Wall street and Politics are both House of Deception, No one will give you unsolicited good advice free of charge.
2 things we cant forget: 1. Does he hold KMP/KMR or does he hold KMI. EPB impacts KMP/KMR negatively and to a lesser extent KMI. 2. Never consider another investor totally dumb to sell their holdings twice without any concern. I am very long in KMR and worried.
Simple! Contribute to Republican party
I hope you are right, but their appeared to be no light in the near future. Other MLPs in similar business are doing fine, this appears to be one with incompetence at the top.
I have often reminded myself not to buy individual stocks yet I continue to have 30% of my holdings in individual stocks. Buy ETF or total market mutual funds. Individual stocks are for the pros. I remind myself if I played against Pete Sampras I will lose no matter what, why does any of us think we can beat the pros on wall street when they have all the tools and skills. This hit hopefully will stop me from buying any individual stock again.
"Moving on a System" What does that mean? We need to hear the conference call before we make a judgment, this appears to be a disaster but is it a one time disaster or this will become a norm? The damage for a one time disaster maybe overdone. Hard to believe that BWP facilities are no longer required.
If Gold could survive as a currency for many generations perhaps Bitcoin may also. Wonder what fascination China and India have for Gold. I believe Diamonds and other precious stones and art and vintage cars and stamps and sports cars are hyped way out of control. Eventually the world will loose its fascination for these hyped collectables, but it may take centuries. So I expect BITCOIN or its (similar)replacement to exist for a long time.
Ever wondered how often they remind their viewers "Fair and Balanced"? I guess their audience thinks they are center left! Besides I never use the words Fox and News in the same sentence, more appropriate word would be opinion.
Sadly the announcement will spark lawsuits either way. Its time common sense prevailed and they start digging out the buried gold and copper. The new Prosperity mine will live up to its name and make the locals prosper along with Canada and shareholders.
Did you hear that rant from Rush? or FOX? or right wing lobby? Middle class works for a living, right wing earns a living by political contribution to the TEA party
I voted for Obama in both Presidential elections. Having said that I think he is doing a reasonable job. However I am disappointed with him, he tends to support special interest groups. Support jobs, let the industry decide the right energy source. Support work and work ethics and raising the wages for all, not just for special interest groups like unions, ultimately let the pay scales reflect what you contribute and not membership in a collective bargaining unit.
Just enter in the numbers from the form you receive. Each K-1 should take you about 30 minutes the first time you do it, next year will be easier.
When you go ex-dividend the stock value does not change, the price comes down by the dividend amount. So there is no difference when you buy the stock. Its like withdrawing a certain amount from your bank account. Your total worth did not change, your bank deposit + the money you withdrew remains the same.
Had a chance today to listen to the conference call today. Appears Mr. Kinder Morgan is very upbeat about the company and ready to commit to even better performance for a long time. This was one of the rare conference calls where CEO is so positive and confident of the future performance. He gave a clear buy signal!