RE: RE: RE: interest rates you are right of course canne.
which is why MFC is SOL when it comes to the guaranteed income products they have already signed up for in the last 10 years or so.
until they adjust their premiums to the new reality, and the old contracts flush through the system, this stock will have capped potential upside.
but with each equity market upswing, stock should still keep moving up.
even with all the problems this was at $17+ just a year or so ago.
in the meantime keep collecting the nearly 5% dividend, buy on dips (like the ones 2 - 3 weeks ago), and keep writing covered calls each time to increase the yield.