Quote:
Originally Posted by bkreigsr
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
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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
Analyst's rarely know what they are talking about?
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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"