I believe it's undervalued. I've studied its 10Ks and 10Qs along with its audio conferences and so on. Lots of study. I believe its next level (soon to be tested) is $19, followed by $22 and so on as it attempts to fill the gaps. It's difficult for me to imagine a more solid, better company or better investment out there at anywhere near this price level. Because of its extreme liquidity it is also a trader's dream. This is both good and bad, but mostly good. The traders do bring the liquidity, along with the volatility of course. I see that it's fundamentals are massively strong and that, after its dividend bust lots of heavy investors see it for what it is -- a good value stock, really good now.
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JAM33467
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You analysis was spot on! Peaked at $19 during second Friday of March! Also, helps that Mr. Buffet is a big investor of this stock. KMI has lots of upside potential!