Replies to post #1233 on RAIT Financial Trust (fka RASFQ)

[Value_Investor]

When will all the common shares be canceled? A few days or weeks later? So RASFQ will soon be ZERO value or Worthless! Who were buying those soon-be-canceled shares (RASFQ)? Why? When will RASFQ hit 0.0001 as its "Q" peers did?

Why this Bankrupt Pos Scam could quickly bounce 2.86-Bagger from 0.035 to 0.1?

Why the trading price of RASFQ is still such ridiculous high (0.1 ~ 0.035) while its peers (such as RGDXQ) is trading at only 0.0023 ~ 0.0050 and as low as 0.0001?

[Value_Investor]

When will the company Cancel all the common shares here? Another Bad News just kicked in last Friday after the market close --- see the link below!

https://www.otcmarkets.com/filing/html?id=13746351&guid=wQqSUK4-j_BK5th

This Huge Negative event's impact should drive the price down to below $0.01 at least in the coming week...

In fact the bids side of Level2 are very very weak: 10K at 0.03, 45K at 0.0219, 10K at 0.01, then 0.003 ~ 0.0001!

The only way to recover the huge losses from RASFQ is to buy its CH11 Clean Shell (such as RGDXQ) since the proceeds to sell 100K shares of RASFQ at $0.1 ~ $0.03 can be used to buy 1M shares of RGDXQ at $0.01 ~ $0.003!