$STRC Wonder at which price level it will be a good move for a big fund or whatever to drive this back up.



Should be driving itself back up once it trades back into the mid 90s from how deep it is now I think.

Big question is how deep it goes before capital steps in.

It's a +16% move back to par now. That's almost 1.5 years of dividend just on the move back to par.

Investors poured in billions while it traded at its $100 for the 11.5% dividend, and they will again at some point. But obviously it looks scary now.

Going to be an interesting watch over the next 1-2 weeks.

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