Takeaway: Kevin Kaiser nails it on the short side. Again.

In case you were wondering what that terrible, smoky smell is this morning, shares of Boardwalk Pipeline Partners (BWP) are getting incinerated. They are down over 38% as of this writing.

Hedgeye Energy Analyst Kevin Kaiser added BWP as a SHORT to our Best Ideas list on December 2, 2013.

The stock is down over 42% since then.

It pays to listen to Kaiser.

Reality Burns: Kevin Kaiser Keeps $BWP as a Hedgeye Best Idea Short - kk8

Join the Hedgeye Revolution.