sometimes imagination makes for a better day...............I imagine a world without vowels and you........you experienece it every day:-) Lucky fella.
Over time other factors come into play like Federal Reserve actions. That is why longer term price predictions are challenging at best. Company management can potentially make the best decisions possible and macro events could drive up or drive down any company's stock price. The best any longer term RAS holder can hope for is management taking all proper actions to position the company for short term and longer term success.................and they seem to be doing well at the moment.
I think the OK deal will close by 12/31 and then by the end of the 1st Q they will have all $ invested and they will be able to slightly increase the dividend. Then the stock price moves up. Then they do the offering...............just a prediction.
I had been clicking the heels of my red shoes together and saying what I thought were the magic words........live and learn.
I expect the short interest to increase as the share price goes up. A 10% increase is certainly notable...................
Still, many many millions of shares off from what some poster told me only a week ago. I think it was the same poster that told me I was always wrong:-)
only 19 cents away.
#$%$................is that possible...........some posters here told me that I was always wrong and there would be 13 million shares shorted.
Is there really that much demand for RAS common?
Since the buying back of the 7% original convert was done at a big premium and they sold new 4% debt that seems to be largely a wash....................maybe the sellers of the old debt are also the buyers of the new debt. A conspiracy to help RAS look better without actually giving much up. I wonder how possible this would be. Thoughts?
Hoo_da_thunk talking about losses every quarter and the money given every quarter is technically accurate, just like you saying a dividend not declared is not missed. They are both technically correct, but both distortions of reality.
Plus RAS takes an immediate hit to book value. Loss on retirement of debt. More return of capital rather than paying taxes;-).
Not sure that RAS really needs to generate more losses, but what the heck.