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KFC911 KFC911 is offline
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Join Date: Apr 2002
Posts: 30,883
Quote:
Originally Posted by bkreigsr View Post
I don't get it - up 17+% yesterday at close, but downgraded by S&P from a four star to a three star?
Someone please explain?
Thanks
Bill K
When I posted this yesterday morning, it was only "partly" because of the pre-market spike (approx. 25%)... although that made me happy, that's not unusual for many stocks. No longer get CNBC so I haven't heard what any of the "talking heads" had to say. What I do know is that Kinder Morgan was one of the first MLPs (which McLovin and I have discussed before), and they were/are a SOLID income stream for me...the landscape has changed...for better/worse, I dunno yet. I couldn't give a rip about downgrades, but maybe it's because where it goes from here is anybody's guess??? I dunno...my crystal ball ain't never worked . I'll have to decide if I still keep this one for the long haul (probably will)...just don't know yet.

Quote:
Originally Posted by biosurfer1 View Post
Analyst's rarely know what they are talking about?
They're flat wrong just as much as they're correct imo....they may "know" what they're talking about, but I still like to call my own shots and do so with no regrets even though they get paid millions to "talk"
Old 08-12-2014, 08:21 AM
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