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Vestin Realty Mortgage I, Inc Message Board

  • fabulouspoodle fabulouspoodle Apr 2, 2014 12:09 PM Flag

    strong quarter for VRTA...

    ...for the quarter they made .03/share from continuing operations, and another .04/share from discontinued operations. Sure, they wont be profitable every quarter, but it looks like the era of big writedowns is over, and we can look forward to more 'write-ups' of assets/loans.

    Oh, forget to mention that VRTA has $3.51 in tangible assets per share. $3.51/share. And the stock is trading at $1.63. Loads of room to move, especially if VRTA decides to buy more of their own stock.

    best.

 
VRTA
3.52-0.65(-15.59%)Jul 15 3:59 PMEDT