actually more likely to be flagging which is very bullish ... ripe for a breakout.
a double top followed by a failure\down shoulder is bearish.
nitpicker you can't stand the fact that a lot of people have a really low cost basis.... and that in retrospect KMP was the wrong investment.
Your an idiot, trying to mask the fact that you lied to prove a point. I simply pointed out the mistruth.
Many kmi holders have a very low cost basis.
shut up stupid ... if you enetered via KMR, you could easily have a KMI cost basis in the teens. My current cost basis is 31. It would have been lower but I added to kmr after the merger announcement.
Ahhh the magic of compounding without the tax handicap.
"No matter how you slice it ETP is a better value than KMI..."
ETE\ETP are at a different point in their cycle, having finally recovered fropm their structural reorganization over the past couple of years,. ete\etp is higher vaued only in the sense that it's share price is higher relative to both yield and future growth.
The future growth for kmi is at least as high as energy transfer, but the share price is still low, not having fully realized the benefits of the c-corp reorg.
If you really want to compare kmi to other energy stocks try sticking with other domestioc c-corp structures.
disclaimer I own large positions in both kinder and energy transfer. Last I looked ete had a measly 2-3% yield, and the benefit\risk of a K1.
thats correct don't catch the falling knife, instead wait for the bottom... in this case probably a nice big botttom with big fat double cheeks.
actually there are some threads of sense in marco's blathering ...
earlier in the summer when oil first started dropping I was wondering if the drop in oil prices was a play against putin. I laughed at myself at the time but look at whats unfloding now in Russia.
boy are you dumb, the whole market is shorting anything energy related, and you pick on KMI to short. One of the few energy stocks holding up nicely while many others are plummenting. Shorting KMI does not make you a contrarian it makes you a herd follower that couldn't figure out where the short money is being made.
For goodness sakes look at the E&P mlps, you could have made a lot more shorting over there. Sounds to me like your a disgruntled KMP holder that thought KMP was not a guaranteed tax free annuit and can't let go.
And after all this bashing about KMI and all the selling pressure on energy stocks KMI is still only a few dollars off of its 52 week high.
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).