The spread has narrowed to just over $1 between the bid/ask. This is a vast improvement and should bode well for future sales and purchases. The option spread is still way out of balance but should also improve in the not to distance future. Maybe a high distribution of profits this quarter will send the stock flying. Hope springs eternal.
makes no sence to me either. They pay a good distribution and like you said reduced their debt, I'm a buyer but not when the spread is over a dollar. I tried to do it thru options but the difference between the bid/ask is just as bad. I guess either bad news or good news will shrink the spread. I have buy orders in place and hope I get them otherwise it's just wait and see