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RAIT Financial Trust Message Board

mugblum 131 posts  |  Last Activity: Aug 20, 2014 11:45 PM Member since: Sep 11, 2003
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  • Shameless carney blather. Failure after failure after failure after failure after failure.........

    The market has doubts about this company. Enough doubt to not only NOT pay higher stock prices for higher dividends, but to lower stock prices for higher dividends.

    It's NOT that the market is simply unaware of all the spangled stars Foulger wants only to be seen. It's that the market is very aware of all aspects of RAS and has seen the dividend hikes and said "Meh."

  • Reply to

    Same Old Song.

    by imjoel00 Aug 20, 2014 2:11 PM
    mugblum mugblum Aug 20, 2014 11:35 PM Flag

    Joel, Foulger did not "figure out" your name from your ID. He as well as others saw it and all other poster's "names" vs. IDs on June 5th in the wee hours when Yahoo! was working on this site and IDs vanished and "names" (as created by user when ID was created) were momentarily displayed.

    BTW, Ethison is 'David S' in name. But don't bring that fact up--he got very buggy about it when it happened (he was present during that momentary event).

    Foulger is just being Foulger--lying about things AND still trying to woo you. LOL!

  • mugblum by mugblum Aug 6, 2014 11:09 AM Flag

    Big factor: SeekingAlpha article.

  • Repeat: "mugblum • May 19, 2014 2:19 PM
    Funny Projections
    RAS dividend percentage to share price is "high" because the available market over an extended period [market: including all available interested parties (long and short)] have 'voted' for that ratio. To take that reality, whether you consider it a "discount" to "real value" or not, and then project future share price at the SAME percentage of dividend paid now IS RIDICULOUS. Here's what happens to the entire universe of dividend paying stocks that have come out of a period with lingering market wariness of their ability to maintain/increase dividend and share price: as share price rises, DIVIDEND percentage of share price drops. Foulger wants it both ways--the market unnecessarily paying a premium share price for a premium dividend that is paid above market average for below market confidence."

    Aaaaaand, you've been taken to the cleaners.

  • Reply to

    Thomas Sobon

    by mugblum Aug 5, 2014 3:30 PM
    mugblum mugblum Aug 5, 2014 5:49 PM Flag

    Keep up the lies about me being anything but exclusively long Foulger. That's all you got: lies. That and a Magic Spreadsheet the gullible are supposed to believe while your latest sales was a sale at a loss on a purchase this year. You just clown the weasel explanations to suit the show you put on, and have put on for 10s of 1,000s of posts for over 7 years on this board.

    If it looks, behaves and walks like a clown (Yes Kids it Waddles): It's a clown. Your profile, to a tee!

  • Reply to

    $2.55 per share

    by mugblum Aug 5, 2014 3:47 PM
    mugblum mugblum Aug 5, 2014 5:40 PM Flag

    " But if it is, I can make long term money off of it by just continuing to do what I'm doing. "

    Yeah the people who listened to you and expected $9.97+ by now versus $7.50 - from me: Yeah, they're benefiting from your posts, huh?.

    The people who bought at or above 8.79 when you did on January 3rd, may have bailed at a loss in low 8's, like you did,or held to today's 7.41: Yeah, they're benefiting from your posts in both, huh?

    The people who have bought and are at a loss now because they said, "Shoot if Foulger says we'll reach at least $11.00 in a few months, any buy in is good!": Yeah, they're benefiting from your posts, huh?

    No, the only people long who benefit from this board, benefit by discounting a large chunk of any share price point prediction you make here. Because they may WANT you to be right in these prediction of share price, and they may WANT to support your ability to sucker in more buys at high prices in hopes for you predicted prices, but they DISCOUNT your blather when it comes to their own trading.

  • Reply to

    $2.55 per share

    by mugblum Aug 5, 2014 3:47 PM
    mugblum mugblum Aug 5, 2014 4:10 PM Flag

    "But if it is, I can make long term money off of it by just continuing to do what I'm doing. "

    Yeah, selling into your hyper-touts to the gullible.

  • Reply to

    Thomas Sobon

    by mugblum Aug 5, 2014 3:30 PM
    mugblum mugblum Aug 5, 2014 4:07 PM Flag

    "you probably won't be completely honest about it, as occurred not long ago when you said you were long)."

    I'm long RAS. But because I won't join your Pie In The Sky Lure The Newbie In With Outrageous Price Expectations Club, in your totalitarian mind I couldn't be long.

    At $9.50, I'm out. So you'll have me here to expose you for quite awhile, huh? LOL!

  • That's how wrong Foulger is on his $9.97 predicition. But it's worse: he told you $11.00 was soon to follow, so RAS "should" be someplace between $9.97 and $11.00 now. Reality: RAS is $3.58 below $11.00 and $2.55 below $9.97.

    I do not expect RAS to trade higher than $9.50 in the remainder of 2014.

  • Reply to

    Thomas Sobon

    by mugblum Aug 5, 2014 3:30 PM
    mugblum mugblum Aug 5, 2014 3:33 PM Flag

    Sobon on market: ""The market now needs to "prove it to us" before we will consider redeploying assets into growth-oriented assets. The key is not to anticipate or forecast - we need to see it."

    Chris, those sentences are profound. When I buy a stock (or the market) I want the bottom on the price chart to be behind me- not the top. We now know that a top on the market has occurred. Will this prove to be a durable top or a false top? Time will tell. We need strong evidence to support a bullish forecast.
    Aug 1 08:20 AM"

  • mugblum by mugblum Aug 5, 2014 3:30 PM Flag

    You know, the guy you selectively quote as supporting your hyper RAS bullscheist?

    Here's what he wrote on SeekingAlpha yesterday (August 4th):

    " I got back in at $6.45, having sold shares from $8.50 down to $7.60 where I sold my last shares. I'm now waiting for it to make a bottom before I add."

    Read his overall market writings as well.

    "Making a bottom" is what YKW twists into Catch a Falling Knife. But YKW 'makes a bottom' out of himself every time his posts his opinions and criticisms of those who were right on price.

  • Reply to

    Guess Who Said This

    by imjoel00 Aug 5, 2014 9:03 AM
    mugblum mugblum Aug 5, 2014 11:10 AM Flag

    Go climb up on your self-made cross and summon Sewell to apply the nails, oh Great Self-Promoter.

  • Reply to

    Guess Who Said This

    by imjoel00 Aug 5, 2014 9:03 AM
    mugblum mugblum Aug 5, 2014 11:06 AM Flag

    Joe, buckle on a chastity belt, YKW is hoovering behind you again with a mitt full of posies!

  • Same total reliance on formulas that fail again and again. Foulger, like the Soviets tries to claim it's all straightforward adding and multiplying expectations as facts. Refusing to consider any elements or factors not in the Holy Formula. Thus, it MUST rain 56 grams of water each day. There MUST be 8 hours of unobstructed full sunshine each day. Locusts and other crop eaters MUST be present in number no greater than last year, and on and on.

    Then reality sets in and the Holy Formula fails to account for a range of manifestations and interpretations and the outcome is a "surprise." But the Formula was something to marvel at! Page after page signed by "authority" after authority.

    And next year's, next quarter's prediction will use the same Formula, same methodology, same smug certainty. Same missed predictions. Same attempt to send dissenters to Siberia. Same Orwellian history re-write and recast interpretation of reality to fit the propaganda that the Grand Soviet never fails and that what the subversives are telling you is anti-patriotic, obsessive 'push downs.'

  • Um, it went.

    "davisfoulger • Jun 13, 2014 5:38 PM
    I guess we'll just have to revisit your scary prediction in two months. My position is pretty clear ... and you made an actual prediction, lol. We'l have to see how that goes."

    Less than two months, $7.50 prediction revisited. Prediction realized. Not so oddly enough, it was realized the second day of trading after the "will close above $9.96 through end of July" prediction made by Foulger.

    LOL!

  • mugblum mugblum Aug 4, 2014 3:03 PM Flag

    You bought shares on 1/3/2014 for 8.79. You now admit selling them at a loss. The remainder of your post is blather and pitiful attempts at bragging. LOL!

  • mugblum mugblum Aug 4, 2014 11:59 AM Flag

    Exactly, Foulger is so far toward them on the political spectrum, he's past the teeter totter fulcrum enough that if he lost all but one ounce of weight (just a 'thought' remaining), the TT would immediately slam down to the Left when he alighted on the TT and took up his position.

  • "davisfoulger • Jan 3, 2014 2:37 PM

    I just followed through on that. I just rebought about a third of the shares I sold at $9.00 for $8.79"

    Some math that says 8.79-7.50 is less than dividends paid on those 8.79 shares bought on 1/3/14, huh!

    LIAR!

  • Reply to

    johrkur8 & jridley17 Are They The Same ButtHds ?

    by imjoel00 Aug 4, 2014 8:55 AM
    mugblum mugblum Aug 4, 2014 10:54 AM Flag

    "Meaningful 'say' about trading."

  • Reply to

    johrkur8 & jridley17 Are They The Same ButtHds ?

    by imjoel00 Aug 4, 2014 8:55 AM
    mugblum mugblum Aug 4, 2014 10:54 AM Flag

    "Reply to I will be a buyer at $7.50 by ardeshiraryani1 •Feb 20, 2014 4:09 PM
    johnkur8 • Feb 21, 2014 1:44 PM Flag
    0users liked this postsusers disliked this posts4Reply
    So you aren't a short? You're just a bystander?

    Bite my farts, pr*ick."

RAS
8.09-0.01(-0.12%)Aug 27 4:03 PMEDT

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