All you people who think ras is garbage and say you will never again buy ras, why are you still posting on this board. You all must be addicted to this board. Dont you have something better to do-get a life. if you are no longer interested in ras-then why are you here-leave.go away. Move on. anyone who posts negatives everyday about ras and has no intent to buy what you consider a bad stock-why are you still here. You people are mental cases and are addicted. you are here to justify your losses-you are mental cases-sell out, leave, move on.
RAS has probably entered a new phase which will be characterized by a more stable stock price and slowly improving profit. Those that continue to bash the company are probably just looking for a better exit from a short position, or better entrance point. They can't possibly believe what they are posting. In fact, when negative posts exceed a reasonable level, I see it as a bullish indicator.
In February 2009 I sold 22,000 shares of RAS and kept 1700. I kept a skeleton amount just in case RAS made any kind of realistic comeback. Well that was 2 years ago and I still hold 1700 shares. I invested in RSO and AGNC with my proceeds from RAS and, of course, I did add to those positions over the last two years. RSO went from $2.24 (where I bought in) to as high as $7.75 and AGNC has been to $31. I bought that at $26.68. By the end of 2011 I will have collected approximately $54,000 in dividends from those two stocks alone. So whether you sell or hold RAS is a matter of strategy and to some degree instinct. It didn't work out that well for me at the end, so I bailed. Glad I did. Sorry for those who did not but, you never know RAS may come back yet so I will still hold those 1700 shares.
RSO and RAS preferreds worked well for me at March, 2009 prices. Actually, RAS has worked well from those prices too, I would never argue that you didn't make good portfolio decisions back then. By the same token I've expanded my RAS position tremendously on the same money over that period and am making money on it even with my pre-2009 purchases averaged in.
At this point RAS has closed out just about all the problems that it had in 2009. All that remains is a dividend increase to levels that will attract higher stock prices. The forward dividend has already doubled this year, and there are lots of indicaitons that earnings will grow to support a larger dividend. I suspect that growth will start to be more important than volatility going forward.
Talk about off topic, sounds to me like you are just mad because you were dumb enough to hold this POS stock because you were to busy listening to gods gift to RAS aka Davis Folger instead of reading the writing on the wall, which of course is all caps just like your posts...