Subject: Re: FKA, still: KMX
I have not listened to the call yet but the numbers were abysmal.
Not great, that's for sure. Not the firm it used to be, it seems.
One consolation is that they are still profitable, so they aren't going bust, so my repeated cash-backed-puts are making money steadily so long as it stays range bound. People have hated the firm for a while so the premiums have been quite remunerative.
Jim