Usually we go up early and then near the end of the day we drop like a rock. I do not remember last, when we were down during the day as much as we were today, only to recover in the end. That is a very good positive I would think going forward. I think we may run a bit tomorrow and next week toward the earnings announcement. Hope it's a good one.
Not exactly. In the real world of stock analysis numbers have been crunched and forecast with company knowledge long before we know them. An upgrade (if any) or downgrade is calculated from current revenues. Go back to KFN's and other company's histories and check when the upgrades (or downgrades) have occured. And what effect they have had on the share price.
I'm an old guy...but an infant investor.
i bought KFN last July on a whim because I'm a huge KKR fan. I remember them from the
RJ Reynolds Nabisco merger. Remember the "Barbarians At The Gates" book and movie?
KFN is currently at more than eight times what I paid for it not including the 34 cents they have given me back in distributions.
I have a smile on my face in anticipation of their next quarterly surprise. I will be very happy if they raise the quarterly any amount.
Actually IMHO building a base is a strong sign when the base is near the 52 week high. I expect a breakout from here especially if the earnings are good and the dividend ends up at .18+. We will in a week.