ARR @ or above $7 is always met with an SPO!
Management get their fees from monies they manage SPO adds to the money they manage which in turns add to their fees.
DON'T ever expect ARR to stay above $7 for long; management will come off with another SPO: "JUST to ADD to their FEES."
Been following ARR long? If you have I'm sure I'm not telling you NOTHING NEW.
I'm in 2 SPO ago @ 6.90 and with the dividends I'm near even close to break even. I see the SPO's near 7.00 also.
You're right, ARR management is corrupt and incompetent.
This happened to me 3 times already, bragging about ARR and then waking up in the morning and the stock is down 10%.
For that same reason plus everlasting dividend cut I bailed out. I held ARR for 2 years, so dividends adjusted my cost basis the way that I could get out basically break even. There are better stocks out there than this. hellosuckers(dot)net