Kinder Morgan Has Given Up All the Gains From The August Roll-up (KMI)

And created taxable events for the Limited Partners to do it.
With yesterday's 2.66% decline to $35.50 we have round-tripped to August 7, 2014:

Aug. 7:
Open 35.70 High 35.84 Low 35.20 Close 35.37

We and Izabella Kaminska at FT Alphaville seemed to be the only folks not enraptured. She was shading from bemused to highly dubious and I was thinking shortshortshort.
Aug 18
The "Kinder Morgan Is a House of Cards" Theory and the Pros and Cons of Going Short (KMI)

Companies that engage in great amounts of financial engineering are always worth looking at as potential shorts. A lot of skullduggery can occur when the razzamatazz really gets going.
This week both Barron's which has been skeptical for a while, and FT Alphaville which has, until today, been neutral take a look at all the moving parts.
Regarding a short on KMI, I hate paying dividends on short positions.
Hate it, hate it, hate it.
But I might be tempted in this case. And the rate of ascent on the stock is definitely rolling over....

Aug. 19 
David Cay Johnston on Kinder Morgan’s Evolving Tax Strategy (KMI)
Aug. 12 
Kinder Morgan Creates Money Out of Thin Air
Aug. 12
Asking the Right Question About the Kinder Morgan Deal: Why Now? (KMI)
Aug. 11 
In Other News: "Kinder Morgan to abandon MLP structure it pioneered, will become 4th biggest US energy company" (KMI)