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RAIT Financial Trust Message Board

  • maxnsy maxnsy Sep 15, 2010 1:22 PM Flag

    MAYBE WE HAVE IT ALL WRONG!!!!

    When the 2nd quartr results came out...I thought the numbers showed a lot of progress and a promise of increased profitability per share from operations. My analysis must have been incorrect...when the results came out in early August the stock was trading over $2.00. It promptly tanked..possibly due to comments by outside analysts. In any event...the stock still languishes around $1.50 and seems to be trending lower.
    There have been lots of good research and analysis on this board seeming to indicate that RAS is on a productive path.
    In about 7 weeks we will have the 3rd quarter report....and I expect it to be very positive unless more of the CDOS have collapsed....which I doubt....they appear to have survived thru the worst of the econmy and should continue to contribute to RAS eps.

    So, where does that leave us? I haven't the vaguest idea. Maybe some of you have.

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