If RQI could keep up the strength like a couple months ago, it should be above 10 already. Somebody is selling this fund heavily today (don't know why, anybody has an idea?). I just bought more 10k shares. I will not sell below $10 as long as REIT index can keep at this level.
RQI NAV is closed at $10.87 today. So even with 5% discount, this stock should at $10.30 level now. I am not sure who is so silly to sell at $9.80 to $10 range. Two days ago I saw REITs indexes were raising like crazy but RQI was pushed down to 9.8 at very heavy volume. I would not say RQI is undervalued but at this point it is not overvalued for sure. I think REIT indexes are rising a little too fast than I expected after a couple so called "good news". But if market is 100% correct, we can only follow. Today RQI 9.97 +0.06 NAV Apr 28 10.87 +0.15 1.40%