Ive Been Trying To Get More Infro On IRT, Like Where Its Trading.[ Not Coming Up Yahoo Or Fidelity ] I Want To Learn More See If I Want To Jump In. [ I Like To Short Most Of The Time When Its A Newbie Stock Then When It Finds It Way Go Long ] But The #$%$ Going On This Board All I,m Hearing Is B.S. About Its The 2nd Coming Of Ras.Cause If It An,t I Will Enjoy Stickin It To U. Just Like The Last Group With 9 Next Week [ Or By Dec ]
It's not the second coming, but rather just another way for RAS to raise funds to continue to lend money. There are two main reasons for those that are long to be excited:
1. RAS is raising funds that will help them execute their plan without further dilution.
2. RAS has been planning on raising funds via IRT for some time and it is always a positive when plans (albeit slightly altered ones) come to fruition.
You can learn about IRT by looking up their filings on SEC.gov. They have technically been public for some time now.
It will start to trade on NYSE under IRT ...........probably in the next few days. I have no idea if the shares will trade up or down after the offering is complete.