Replies to post #1221 on RAIT Financial Trust (fka RASFQ)

[Value_Investor]

You're absolutely right! Another New low 0.0282 or Pre-R/S's 0.000564 today and its current price is already 59.13% lower than the Pre-R/S's Bottom (0.069)!

Before the end of 12/31/2019 RASFQ will crash to 0.0003 (RCPIQ) or 0.0002 ~ 0.0001 (RGDXQ) like its "Q" peers did...

The huge difference is: both RCPIQ and RGDXQ will not be canceled as RASFQ will be!

[Value_Investor]

0.025 x 0.048 now. Another New 52-week low 0.0265 today! If the Pos Scam hadn't done that 1:50 R/S then RASFQ would quickly bounce to 0.15 or higher from its previous Bottom 0.0875...

Now after the toxic R/S we just saw the Endless New 52-week lows...

[Value_Investor]

Another New 52-week-low 0.0219! The Pos Scam with a very stupid CEO who did 1:50 Huge R/S to crash the stock to almost ZERO MV while he could keep the trading price above $0.01 (i.e. $0.5 Post-R/S) without that R/S!

Do you know what is his intention to do so? To destroy all the loyal shareholder's investment? Or he wants to buy the company assets at Huge discount price? Will he cancel all the common shares as soon as next month?

Anyway Pre-R/S it was traded at or above 0.075 v.s. at 0.0219 Post-1:50-R/S!

As I known just a shareholder had already lost Millions dollars here!

[Value_Investor]

100% agreed! If this Pos Scam didn't do that 1:50 Huge R/S then it should hold the Bottom nicely at Pre-R/S 0.0010 or Post-R/S 0.05, instead of 0.0215 now!

Do you know why it could spike 6.51-Bagger to $3.58 from the previous Bottom $0.55 within only a month? Can it happen again in the future --- which means the New high will be $0.14?