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Got absolutely crushed by Kinder Morgan.
First, their bogus "merger" transaction that triggered a big tax consequence.
Then cutting the dividend 75%.
Then the price plummeting.
It's only one of 5 MLPs that I have, but it's KMI/KMP has been a loss well into the 5 figures in the past few months.
I wish I would have taken the option to sell it for $42, rather than roll it over into the new company, last year.
It's going to be a long time before it hits $42 again.
This year will be a bloodbath in the market.
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