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Rithm Property Trust Inc T.AJX


Primary Symbol: RPT

Rithm Property Trust Inc., formerly Great Ajax Corp., is a real estate investment trust (REIT) externally managed by an affiliate of Rithm Capital Corp. The Company is focused on a flexible commercial real estate focused investment strategy. It is investing in and managing real estate and financial services assets.


NYSE:RPT - Post by User

Bullboard Posts
Comment by Specul8ron Aug 23, 2016 10:01pm
191 Views
Post# 25170275

RE:RE:Options.

RE:RE:Options.Does it really matter you ask? Not really, this puppy is going a lot higher before a reverse split happens. Their new IR firm looks beyond traditional valuation methods. Translation, they promote. The current mgmt. team has M&A experience, and, they're actually growing the biz. Translation, there's something to promote. Credit Suisse has bought over a million bucks worth of stock over the last several months. Translation, at least one large brokerage likes what they're seeing. You may be right, but I'm thinking we'll go through a major hype cycle before then. Just too much money invested and too many players who want to see this one go higher. Wouldn't surprise me if we made it to .75 CDN this week.
Bullboard Posts