RE:I am thinkingInvestability00 wrote:
BK will possibly drop a bit more even if it's safe.
Yes BK could drop as well, but for some investors its a hold, as BK will likely be paying to commons for the next several months at minimum. Banks will bounce back, with higher interest rates, altho they may start acquiring houses etc, from underwater homeowners... and we will likley see some default on loans other than house mortgages.
If you have a low average buying for BK, i would be holding. Starting a new position here, i think i would wait until closer to the month end. You can still get the next distribution buying on june 27 ...