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American Realty Investors Inc. Message Board

  • xxxfinance xxxfinance Jan 4, 2007 2:16 PM Flag

    October 2006 $4 a share approx. raised

    This is a great example of the oddness of this stock. In the last 10Q, you will read that 41.5 million dollars was raised in cash through the sale of an apartment bldg, a hotel, and Katrina insurance settlement. That is approx. half of the market capitalization of the company, as listed by Yahoo Finance. Normally, any company that could raise half its market value in one month while maintaining the majority of its assets would raise some eyebrows.

    Yahoo does not account for the Preferred stock.

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