Way off, tee - T Boone and Janet Y. were overheard at an upscale eastern seabord eatery sayin' that if MWE falls to 65 or less back up the 16 wheeler.
This was during the slurp, slurp of two dozen Blue Points and a bottle of '05 Montrachet Marquis de la Guiche.
When the smoke clears, and MWE settles to a normal rthythm, buy at the discount. The basic story hasn't changed.
Wow, there is a Swami on the board.
a) RNF was jettisoned when it broke under 35.
b) If U have a boat it explains your being named Captain Knucklehead.
c) Your being here demos that u r accustomed to Losers.
It is becoming more apparent that what this laggrd needs is a new, savvy management team. The current group has run the stock, in less than a year, from 49 DOWWWN to 19.
This collapse, BTW, has occured during a rising market.
Meaningless? Well, allow me to simplify the postulation here. Over the past two weeks, in general, popular financial indexes have gained, attained new highs while KMI has 'declined' almost 10%. The warrants have declined 30% over the past month or so.
Meaningless? Oh, yes, then there is that authoritative, widely followed Alerian index.