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RAIT Financial Trust Message Board

  • davisfoulger davisfoulger Apr 11, 2008 3:33 PM Flag

    Long Term Bargain

    I don't know if the price will go up or down by the end of the day ... or even next week. I think the odds favor up, especially next week, but one this is sure.

    RAS currently sports about a 34% yield and a reliable dividend. That means you don't have guess well to make money. You'll make your money back in 3 years or less ... just on the dividend. The stock will almost certainly rise at least 3x from the current price by then (and probably much more).

    You can wait for Monday. Maybe you'll get a better price ... maybe not. But its already an unbeatable deal. Why wait?

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RAS
3.245+0.075(+2.37%)1:57 PMEDT