Recent

% | $
Quotes you view appear here for quick access.

JER Investors Trust Inc. Message Board

  • InvestmentGuru2001 InvestmentGuru2001 Dec 26, 2008 2:09 PM Flag

    So it looks like...

    Roberts, et al are afraid of that class action we've been threatening, and are starting to take shareholders seriously. I expect JRT to be $5 a share by January 30, 2009.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Can you please give me a little more information on this threatening of class action, and why you think this will be $5/share by the end of January. Any info would be helpful.

    • InvestmentGuru2001: "...Roberts, et al are afraid of that class action we've been threatening, and are starting to take shareholders seriously. I expect JRT to be $5 a share by January 30, 2009..."

      JER certainly isn't listening to this blog. Do you have a reference for this class action?

      If there is a class action, it can only hurt the company, and the stock. Is the purpose of the class action to get JER to release a huge cash dividend? Won't happen, but if it did, they'd be in a worse cash position, which would also be reflected in a declining stock price.

      I've been a huge detractor of this dividend decision, but what's done is done. Any backpeddling would certainly have a HUGE negative effect.

      A smart investor can make lemonade with these lemons, to be sure.

      ===================================

      $5 by 1/30? I predict around .80. Care to share your analysis? I'll show you mine if you show me yours!