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JER Investors Trust Inc. Message Board

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  • lorenzo3519 lorenzo3519 May 2, 2008 2:25 PM Flag

    Is JRT a stock to hold?

    This is a stock I have been trading for about a year starting at around $14, made some money picked up my dividends etc. Last few weeks have been disappointing to say the least, not with the companies execution but with the stock price. Main insider has bought a lot of stock over the last year starting at $19 and bought it right down into the abyss. Huge short position could be big upside catalyst but with no sponsorship coming from the street {to busy saving and covering their own problems} this could be a while before it turns. With such a low loss percentage in the portfolio it seems like they were well underwritten, I would guess your dividend for the year at a buck or better, but as the credit markets normalize and appetite for risk comes back {who knows when} the stock price has some serious upside