Short Term PerformerWhat do WCP, TVE, TOU, CPG, BTE all have in common today? They have been killed by ARX over the last 5 sessions. Flight to quality. Love to see it.
ARX has reduced its share count by 17.6% since Jan 2021.
WCP has reduced its share count by 0.02% since Jan 2021.
17.6% of all shares is a lot of weak hands washed out. Good to see management strategy rewarding shareholders in spades. Heavy macro uncertainty and commodity prices are barriers to a bull run, but ARX is clearly the right horse. There might be a trade or two to be made from the $0.50-$1.00 swings this stock likes to make. But keep that core intact. GLTA.