What is a "Street Authority" ? These various made up names that call themselves authorities are equal to weasel MB posts. Phil's Capital Authority said some funds were angling to make a buck:)
I really don't have a feeling for what KMI is worth. But I will hold and add if she tanks. Next QT I might trade some Call options while continuing to hold and drip. I wish to cut down on trading and try to find some good long term holds.
Congrats! with your rolling in dough job. I will start some COP to go with the rest and bad earnings might give a nice opportunity to add. I wished they all had bad earnings at the moment . The various oil companies a valued forward looking. You sound like Cramer wait til it's toppy to give it a buy:)
For one they spun off the refineries which helped the other majors. I plan to start a position and don't quit the day job :)
I agree with your feelings and also plan to avoid all monthly pay securities. The monthly pay attract income investors who bid up the price for the convience of regular payments. I have noticed everything moves in cycles when something is beaten down ,it's bought up and repackaged and hyped by the media. That said I dumbed ARR for a loss in 2013 at $5.50 , I would dump the ARR and JMI and give the BDC a chance, but I,m often 180 degrees wrong on my stock pick decisions:)
There nothing magic about internal management over external management. They both overpay there hired help. Good management vs poor management is all that's important. Take a look at KCAP its internal management did a poor job.
Mr Mills please take a Midol and take a nap.
There is fear in the Dim party that those poor who achieve upward mobility might not vote for them in the future. Best keep them poor and angry in the ghetto.
I sespect (hope) the MLP fall on poor earnings. i already knew not to pay attention to media experts but it's hard to do. Even if WTI tanks again I doubt oil stocks following . A interest rate increase might clip the MLP, if we ever have one.