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JER Investors Trust Inc. Message Board

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  • scott.terle scott.terle Apr 22, 2008 1:54 PM Flag

    I bought another 10000 shares today

    Okay,, if you are on record by april 28 JRT pays you the dividend -- but would one not expect the stock to fall by .30 cents sice the value of the div. is a directly related to of the stock.

    If you bought 10000 shares -- that's a sweet #k gain for you on a 75K investment - not back if the stock price stays in the target range.

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    • This stock is trading low because it appears that institutions or mutual funds are divesting. I think it has more to do with their rebalancing, taking losses against gains, or generating cash. The stock should be trading in the $10+ range given their current portfolio, and assuming no major events such as huge declines in property values or foreclosures on debt. Yes, the stock will drop 30 cent immediately after the dividend is paid, but then recover quickly in 1-2 days.

      Bottom line is with the dividend at where it's at, this stock is a screaming buy if you are looking for income. If you intend to trade it, forget it -- this is not your puppy.