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Technology Stocks : KMI- a fallen high dividend yielder - for how long?
KMI 16.48+1.5%4:00 PM EDT

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To: E_K_S who wrote (54)8/6/2018 11:30:20 PM
From: E_K_S  Read Replies (1) of 156
 
After 31 days was able to buy back my shares sold at $17.75/share for $17.62/share last Friday. AVG cost lowered but have another chunk to do in 31 days.

To avoid a 'Wash', you have to not Buy/Sell 31 days Before and After you transaction/ It takes 62 days to complete the Buy/Sell . .wash & repeat. To harvest losses, I do 1/2 of the shares in the 62 day cycle then the other 1/2 in another 62 day cycle.

I had a lot of $30/share basis stock from the conversion of the MLP to the C corp. I should get my average cost down to around $20/share after the two 62 day cycle are complete (ie 124 days).

I thin KMI is a 2019 & 2020 story stock especially as economy continues to grow and domestic Oil/NG usage increase and maybe get some growing exports too.

EKS
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