... RAS started raising their divy a penny a quarter? In fact, they might have to meet REIT laws, and, in any case, they can afford it. PPS would hit $6 by the end of the year, and maybe more depending on the ER's.
Agree, no squeeze .... real buyer's sentiment. Divy could easily be $0.50 a quarter by year's end, and PPS could be $20 once everyone starts to understand this company. No reason why the yield should be more than 10%.
Look at the discount or premium it's being sold at. If it's a discount, invest more. If it's a premium, buy for trading only. Normal price based on history is about 5% - 10% premium. NAV is currently $5.47 so you have a 6.2% discount.