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Non-Tech : Kirk's Market Thoughts
COHR 177.38+3.8%Dec 4 3:59 PM EST

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Gottfried
To: Gottfried who wrote (3279)8/6/2015 9:35:08 AM
From: robert b furman1 Recommendation  Read Replies (1) of 26687
 
Hi G,

Nice crush with RIG.

There are a lot of babies being thrown out with the water in the oil sector.

Just the Gulf of Mexico has a lot of long term projects that once started - get completed.

I've fished as far out as 75 miles and they are way out there in very deep blue water.

The other oil play I've sold some puts on is KMI.

Its nearing its 4 year low of 30.50 and 2 year low of 30.81.

Kinder has the largest pipeline distribution network for oil and gas in the US and some in Mexico.

They're revenue is not based on the commodity price.

They charge for transporting it.

Another baby being thrown out with the water.

Current dividend pays 1.96 and has been rising fast.

CEO Richard Kinder pays himself one dollar a year and gets the dividend for his income (must not like paying taxes - I like that).

FWIW

Bob
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