There is still room to get into KMP before exdate...You missed the earnings jump but we could see a $4.00 pps increase in the next two weeks IMO
From what I've seen 5 days prior to ex seems to be the safest exit from any sort of post ex decline. That being said if I don't meet my desired profit margin I will most likely hold for another quarter or 2.
The only thing I can come up with is profit taking. You have a stock near 52 week highs (in fact most of the market is) that people didn't want to sell prior to the new year for tax purposes. So we are seeing some selling pressure from people who wanted to get out earlier. Just a thought anyways
Consistent increase YOY in expansion capacity I'm not too sure of.....But (and this is an uneducated guess) seeing how their plant one plant just came online not too long ago I would imagine there is some tinkering that could take place to boost performance / production in the short term.
I agree, and wish I had entered when it was down at 43. I'm still setting 44 as an entry point. Hopefully it has one last dip and I can pick it up there.