I was expecting something different and a lot more value than we got especially when I saw $1.15 paid in the pre market. I had a different shorter term plan: Sell some and pay off some debt, sell some a little higher and get back my basis costs, keep the rest and see.
Well that all went to the potty.
I might add Hondo....for all those that have the dough to add more shares given our present situation....that's all well and good. More power to you. Personally...I buried myself in my work over the weekend...pulling two all nighters so I wouldn't have to deal with the stress of wondering where I was going to get the ten grand to pay off the two quarters of payments now due June 30th (before it becomes a taxable event) for the first hardship loan I took out from my pension plan. Knowing that this payment was due...I took out a second hardship loan last month to pay off the first hardship loan. Hoping beyond hope that we got the much anticipated news this month, I invested the proceeds from the second hardship loan into KRY short term till the payment was due. Imagine my surprise Monday morning when I woke up from 2 hours of sleep in my office chair to see the news and the big green numbers! I quickly tried to get call some people close to me to spread the long awaited news....but couldn't get through (thank God). Of course the joy of green turned to red as the slick Bay Street pricks with inside information executed their plan and now I'm underwater on the funds invested in KRY from my second hardship loan allocated to pay the first hardship loan. So I'll be selling over twenty thousand shares at 40 cents (at a loss) to make my upcoming payment. Am I hopeful that we finally have a light at the end of the tunnel with this saga...yes...but still wary. I guess all I am trying to say is that some of us don't have the luxury of time or money or a good cost basis when it comes to "adding more shares" and waiting for the magic to finally happen. I guess that makes me a whiner.