Rising wedge on RNW after unwarranted panic sell off
A sell off occurred after an edit to the despac-ing prospectus was filed: www.sec.gov/Archives...79/d224138d424b7.htm
A couple funds liquidated all of their positions. I was too lazy to check the original filing to see what the data changed from. Worst case, they showed them keeping all of their holdings. Regardless, I figure the drop is unwarranted since I don't think the SP action would have changed significantly had the correct information appeared on the original prospectus.
A couple funds liquidated all of their positions. I was too lazy to check the original filing to see what the data changed from. Worst case, they showed them keeping all of their holdings. Regardless, I figure the drop is unwarranted since I don't think the SP action would have changed significantly had the correct information appeared on the original prospectus.