down 8% since reaching all time high on Nov-15
Weird, after reaching all-time high on November 15 at $19.18, MKP now at $17.65, down roughly 8%, since then, on no news. (still up 28% YTD including dividends)
Not terribly concerning for me, as I am a long time shareholder (I've owned MKP shares for as long as I can remember - 15 years?)...I too plan on participating in the rights offering in all of my accounts.
Just odd that we are down so much, whereas other bank stocks are actually appreciating over the same time period.
Perhaps this is one of the downfalls with thinly traded stocks?
Any ideas out there?
glta MKP longs