Can anyone explain why FKINX is led by the up or down in the market?
This is not a stock - its daily existence has nothing to do with the actions of the market. The way it looks - the person in control watches the market and if down says drop .02 cents or if market strong as it has been of late - add .01 cent etc. It never goes any higher and I doubt it ever will. Its remarkable payment of a dividend at the beginning of every month makes this a good investment. If someone can tell me how pricing this works - I would appreciate it. I am long on FKINX