actually if you were a true contrarian you wold have been accumulating KMR on dips before the conversion of the shares. Kinder is one of the few investment that is defying the fall in oil, while the HERD is shorting anything energy related.
shut up shorty, your a fraud, you said you bought for the divs, but your whining like a day trader that forgot to set a stop.
right now they are fully hedged. and pretty well hedged into 2015. so shut up until you know something for real
could be close ... but on the other hand we haven't seen the first cheek yet, still getting lower lows.
what PAIN ? kmi is only a few points off of its 52 week high.
Probably one of the best performing energy stocks over the last couple of months.
a lot of shorts appeared as the deal closed based on buy the rumour (runup just prior to vote count) and sell the news (see price action once the vote news came out).
"Kinder Morgan and Cheniere Announce Long-Term Transportation and Storage Agreements"
Kinder Morgan, Inc. (KMI) today announced that Kinder Morgan Texas Pipeline, Kinder Morgan Tejas Pipeline and Tennessee Gas Pipeline Company (TGP) have entered into 15-year firm transportation agreements and a multi-year storage agreement with Cheniere Energy, Inc. (NYSE MKT: LNG) through its subsidiary, Corpus Christi Liquefaction, LLC. Under the agreements, KMI will provide 550,000 dekatherms per day (Dth/d) of firm natural gas transportation service, as well as 3 billion cubic feet (Bcf) of natural gas storage capacity to serve the LNG export facility being developed near Corpus Christi. The project is being designed and permitted for up to three trains, with aggregate design production capacity of approximately 13.5 million tonnes per annum (mtpa) of LNG. The natural gas transportation service can be increased to 800,000 Dth/d upon the completion of certain conditions in the Kinder Morgan Texas Pipeline agreement.
KMI will expand its existing Texas intrastate pipeline system in South Texas to provide 250,000 Dth/d of firm transportation and 100 percent of the storage services, and expand its TGP Pipeline to provide 300,000 Dth/d of firm transportation from various Zone 1 receipt points near its Station 87 Pool located in Portland, Tennessee. The construction of the facilities necessary to support these services will be coordinated with the startup of the LNG export facility, which is expected in 2018/2019. KMI expects to invest approximately $187 million for this project.
you could sell it now, and then write some short puts with expiration a month out.
The short puts will keep you in the stock in case it goes up.
bp is big in russia stay away, besides you want to invest in a british company whose sole purpose is to extract $$ from north amercia and send it to britain ?
you should have sold all your kmp shortly after the deal was announced, and then bought kmr when the arb shorts pushed the share price way down. you snooze you lose