great report with more to come, page-5

Yes it was a great report but I must say at the moment I view KBC simply as a trade between 75c and $1. I know $1 still appears very cheap, with it being a substantial discount to NTA and the low PE and high yield, but I think in a few weeks the market will go back to worrying about the same stuff it has worried about for the past 6 months. And that is falling aircraft and property values.

Aircraft capacity is being slashed worldwide which means there is going to be plenty of planes sitting idle which won't help their valuations. And the mezzanine property loans make me nervous in this market.

I sold today even thought I have a great respect for Mark's ability to run the business. I just think market sentiment will turn against them again.