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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (56361)12/10/2015 9:58:30 AM
From: Grommit  Read Replies (1) of 78518
 
KMI. I am out also. I agree with you and Cramer. I broke even on my short term trades.

The cut in Kinder Morgan's dividend was devastating to many shareholders, and it has left a whole group of investors that were seeking income totally crushed. When a CEO screws up this much when so many people believed in him... "What a disaster. Now all fossil fuel stocks are innocent until proven guilty, and while I'm not as negative as the others I don't see a need to own any of these names. I say sell them, but only into strength," Cramer said.


PS bought SPWR.
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