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Old 01-15-2016, 09:06 AM   #101
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Isn't today an options expiration Friday? That usually generates high volatility.
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Old 01-15-2016, 09:22 AM   #102
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Originally Posted by aja8888 View Post
I've done the same with XOM since the drop to $72 last Fall. If it goes further down, I'm buying again.

I have a very small position in KMI and was thinking about swapping it for the preferred issue that is around $40. Any thoughts on that strategy?
With the assumption the dividend will not be suspended KMI-A or KMIPA depending on what platform you look it up on has a minimum present value of $30.46 today, so your potential loss her is 7 points or 18.6 percent. If the price of KMI gets to 20 at the end of the conversion period - 3 years the total return would be 30 percent or a 9 percent annual gain, this is a very reasonable conservative expectation for KMI and a way to play the stock without much risk as you get almost twice as much upside as downside risk. This is why I purchased the preferred @32, anything in that area is a very good value unless upon quarterly earnings the possibility of dividend suspension becomes evident.
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Old 01-19-2016, 06:10 PM   #103
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kmi just seems to have no bottom . 12.55 today
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Old 01-19-2016, 07:03 PM   #104
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kmi just seems to have no bottom . 12.55 today

Many things seem like they have no bottom as of late. KMI isn't alone, certainly not in the oil stocks
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Old 01-20-2016, 03:36 AM   #105
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exxon and kmi are the only ones I trade in so I watch those 2 .
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Old 01-20-2016, 09:19 AM   #106
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COP now is at 33.77 and is down 28 percent on the year, AMLP down 9% on the day with an 8 handle oil stocks getting a wash out today
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Old 01-20-2016, 10:53 AM   #107
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mlpl is getting slaughtered . down almost 29% today
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Old 01-20-2016, 07:56 PM   #108
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KMI/PA should trade between 41 and 45 and then you earn dividend of 12% on top of that. Looks like the opportunity to avoid any losses with purchase in low 30's on preferred is now gone.
KMI.PA has dropped back down again, to a low of $34.68 today. Maybe it will still go lower, but I felt OK about going in to pick up a few hundred shares at $35 midday.
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Old 01-21-2016, 10:20 AM   #109
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KMI.PA has dropped back down again, to a low of $34.68 today. Maybe it will still go lower, but I felt OK about going in to pick up a few hundred shares at $35 midday.
With earning announcement yesterday, investors are feeling better about Kinder Morgan and I think you made a profitable purchase for yourself yesterday, well done!
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Old 01-21-2016, 12:08 PM   #110
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mlpl is getting slaughtered . down almost 29% today
I beleive MLPL has been liquidated... All shareholders got cashed out.

2 MLP ETNs Bite the Dust - 24/7 Wall St.
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Old 01-21-2016, 02:43 PM   #111
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Two trades today

Bought 1000 KMI for 13.98. Sold for 14.47 today ..quick flip

Bought 20 March call 15 strike KMI 0.59 and sold today for 1.10..quick flip

Holding 400 X AMLP @ 9.97 Let's see... A couple other MLP ETFs crashed and this one may benefit from that weakness.
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Old 01-22-2016, 10:31 AM   #112
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With earning announcement yesterday, investors are feeling better about Kinder Morgan and I think you made a profitable purchase for yourself yesterday, well done!
so far so good with KMI.PA. bouncing up again today
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Old 01-25-2016, 08:26 AM   #113
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Closed my positions Friday. Lower we will go. Wheeee
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Old 03-05-2016, 04:34 PM   #114
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Still waiting for KMI to fall back down. That Warren Buffett stepped in and ruined everything! Maybe I will get a dip during the summer doldrums.
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