ARR vs PSEC
Like comparing Apples to Oranges.
ARR is a Residential REIT.
PSEC is a business development company.
Which do you like more, apples or oranges?
A lawsuit against General Electric by two retired salary workers will be considered Friday for class action status, which would expand their claim the company is improperly reducing health care benefits to include about 65,000 retirees.
The complaint says an explanation of GE benefits in July 2012 said the company "expects" and "intends" to continue GE medical plans "indefinitely."
Sentiment: Strong Sell
So hank are you saying that because prices go up in the grocery store, stock prices go up to?
Now with the stock over $5 institutions are buying into ARR. That would account for the large numbers traded and the price swings you saw.
Does the overall economy have anything to do with this stock?
What will the opening price be?
ARR will have 43.75 million shares outstanding with a 9 million share repurchase program.