This does not seem any different than any other quarterly action to me so , yes, I am buying more to capture this BBB stable and growing earnings MLP.
Earnings projected to be $1.71 this year versus $2.55 next year and nat. gas going up. When you look at MLP's getting below or near 200 day average is a buy signal not a sell. Do some research! Mine comes off of Scottrade who does not have any irons in the fire.
Got to mention going from $43 to $41 in 5 days with no news and low low volume is the company just removing shares from trade.
Some call it borrowing and others call it expanding the business. Rates are not going to climb beyond regular rates4%. Kinder Morgan has done well in much higher interest environment.
when we had a warmer forecast. Colder weather and greater nat. gas price says this stock is about to turn and go up from Jan. 1 and through 2014. Look at chart and look at greater miles of pipelines and infrastructure. Long term buy! Collect distributions for next two years while interest rates still low.
Worry over interest rates. Do not know why...interest rates low till 2017 promised by Bernanke and Obama is so unpopular he will do anything to keep Wall St. happy. Don't care what any politician says about poor and middle class, they pander to Wall St.!
Believe the number is higher than reported! We will see Obama travel a whole lot in the next two years and the Dems that stand behind him and try to double speak will be falling like dead flies.
Buys are what count and that means this is a fake out-shake out removal of insider shares today. This is going up. They want more at this price.
up up and away!
This is the normal shake out before next week when the stock starts it's daily climb. Better buy now to collect $$$$.
They take their shares out of trade and shake out weak traders. They scream interest rates but Yellen is only going to taper and keep 0% rates. Housing market still way too fragile. Nice homes owned by bank are still not even on the market in my neighborhood. Lastly, KMP has been profitable in past years with much higher rates and less growth than what is coming.
If I have to explain that to you, you need more help than I can give you. Never invest in a company that is not making money or growing. That's all I will say.
I think that management is pretty smart getting into shipping and it' a way to get around pipeline overcapacity. They can supply their own fuel too.