RE: Breaking $19.50......... Lancer99
Good to see you back on the board and making your astute comments again.
I was impressed with today's bounce off $19.22 and and will add to my position in here.
I also do not think it will get to$15.00 but have learned never to underestimate the markets stupidity in both price and time. Some funds will be available just in case.
You mentioned that KFS should see increased investment income this quarter due to higher rates and an increase in short term investments. I agree. Higher rates are good for KFS.
As an aside I listened to an investment stratigest comment that he had sold KFS due to rising rates and the harmful effects they have on financials.
Another analyst commented that if the FED raises by another 50 basis points the market will be very close to crashing.
I still hold out hope for even better opportunities to buy KFS but you are right when you say NOW is a time to buy.
Good opportunities should not be missed in the hope of ever better opportunities.