Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

SHADES OF 2008 IN KINDER MORGAN FALL FROM GRACE

|Includes: KMI, Prologis (PLD)

$40 PER SHARE - Then $32 and then $24 and then finally $16 per share. Instead of steadily growing the payout for investors year after year, all of a sudden there is a shortage of investable cash.

In 2008 I was holding shares of ProLogis (PLD-NYSE). They had recently re-affirmed positive guidance and I bought some shares in my ROTH Account at a price above $20. In late 2008 the Prologis share price abruptly dropped from well over $20.00 to below $2.00. This was for a large well-established company that I thought was well-respected on Wall Street. All of a sudden the share price was in free-fall. I watched in disbelief.

What did Merrill Lynch say when the price was at $2.00 - SELL.

The price could have been on its way to zero for the common shareholders after the debt was paid- if financing at reasonable terms would be available going forward. From years of Easy Money policies from the Federal Reserve (FED) to all of a sudden in 2008 no money was going to be available to even the most credit-worthy corporations. The way stck prices dropped in the second half of the Year was definitely irrational and in hindsight wrong. Since the lows of 2008-2009 stock prices have done quite well.

THANKS PRESIDENT OBAMA - FROM ALL GRATEFUL STOCK INVESTORS FOR THE LAST 8 YEARS...

AND THE FED finally raised rates????

WOW. IT ACTUALLY HAPPENED - FINALLY.

SO WILL BUYING ON THE DIPS STILL WORK?

just wondering.

sincerely,

JOHN THOM 2015

Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in KMI, MNI, NOK, CPLP over the next 72 hours.

Additional disclosure: THIS ARTICLE IS FOR DISCUSSION PURPOSES ONLY. ANY OPINIONS ARE MY OWN AND I MAY WELL BE WRONG. FEEL FREE TO LEAVE COMMENTS.