9% up in one day. Someone has decided the discount to NAV is just a bit excessive. SLS & DRP could follow.Now 12% up as I type.
Almost all similar CEF RE income funds did this today (see IGR, etc.). And I couldn't find news on any of them.It's stuff like this that really does make you feel like there is some club with insider info. that the average guy can't get.
huge volume pickup, don't know who would buy this? sam got $2billion in new capital in 2007 and drove it off a cliff!
after falling "off the cliff" the nav has been recovering much better than the share price!