Price of the units traded up to $5.02 at the end of the day. I was wondering why there was such a large arbitrage spread. I think the move from $4.80 to $5.02 came late in the session on small volume so we will have to see what it does next week. $5.25 is $4.6% above today's close. I wouldn't be surprised to see this trade above $5.25 some time in the next several weeks on speculation that the take private offer will get sweetened.
Mgt knows that rental units are hot and rental reality on fire.Worse case is you own a CO worth to a lot of wise guys 5.25.....Hold until relived.Any other good reality plays like this Tman..Did ddr at 4.00 now around 19..These cos were killed by the crash