5.28.2023

A future sale

The Russell 3000 is one of the broadest indices that is tracked by investors, containing 6 times as many stocks as the S&P 500.

I hope that NewtekOne, Inc. Common Stock (NEWT) admission to The Russell 3000 will generate interest among growth investors as dividend investors have abandoned them since they switched business focus and thus cut their dividend. At best, hedge funds buy into the stock.

Despite the fact that NEWT is a well-managed and a well performing company, we intend to sell our entire holding as soon as NEWT has reached the target price set by us.


No comments:

Post a Comment

Final Post – This Blog is Now an Archiv

Dear readers, After many years on Blogger I have finally moved my new writing to a more stable platform. This blog will remain online as a c...