Why IGR drops today while the market is up?
I've got a buy order in right now at $7.41, but hasn't filled yet. I like buying IGR when it goes the opposite direction of it's underlying US holdings. :)
Order filled at $7.405, now let's see it shoot back up to $7.60 please. :)
Smart move to buy at double digit discount. Just as smart to sell whenever there exists a premium, a rare event.
Oxford club recommended sell to accumulate cash for next recommendations. Should equalize after their members are done, probably around 1PM EST
Do you know haw many members they have, the Oxford Club?
Never heard of them but if they are selling the are selling at double digit discounts to NAV at these prices.There are not many similar replacement vehicles offering that advantage right now with a 7% yield to boot.
I'd like to know too. Maybe it was trashed on some investor website or something. Volume is huge. Anyone in the know want to clue us in?
some big fund dumping shares that they bought at 2 or 3 bucks, Makes sense to them. Dont worry, be happy!!