RE:RE:RE:RE:Don't sell FFN, buy more. marcrobert wrote: Precisely, good question, who would? large holder who doesn't want to be bothered selling 200k shares on the maket afraid of crashing the price? I have no idea. Are there retail holders out there who have IAs that still charge 150 a trade who think its best to retract and save commission?
Cant really figure these retraction events out, it should not on paper be a big deal as long as they don't lower the distribution when they announce the "results".
Does that make sense?
Who would retract ?- I would and did and here is why: I was quite confident that once the retraction bid as I call it was over the discount would grow and would still be around when the NAV at the end of November is determined. This will allow me to get back into the stock, if I want, at a lower price. Also as a holder od 150K+ liquidation through retraction is cleaner than a market sale. I also did the same with similar holdings in LFE and DF. At the current discounts retraction is making me $300,000+ better off!! GLTA