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JER Investors Trust Inc. Message Board

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  • nwlean nwlean Dec 26, 2008 2:24 PM Flag

    So it looks like...

    InvestmentGuru2001: "...Roberts, et al are afraid of that class action we've been threatening, and are starting to take shareholders seriously. I expect JRT to be $5 a share by January 30, 2009..."

    JER certainly isn't listening to this blog. Do you have a reference for this class action?

    If there is a class action, it can only hurt the company, and the stock. Is the purpose of the class action to get JER to release a huge cash dividend? Won't happen, but if it did, they'd be in a worse cash position, which would also be reflected in a declining stock price.

    I've been a huge detractor of this dividend decision, but what's done is done. Any backpeddling would certainly have a HUGE negative effect.

    A smart investor can make lemonade with these lemons, to be sure.

    ===================================

    $5 by 1/30? I predict around .80. Care to share your analysis? I'll show you mine if you show me yours!