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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

Post by jacjunon Nov 26, 2020 8:15am
897 Views
Post# 31977160

My Best Guess

My Best GuessYour best guess - that's exactly what goes on with this forum - a lot of guessing , and wishing and hoping ! Why - is this not a public company - despite this they refuse to share info with shareholders. Alarm bells would have gone off for me if , when they said several deals were on the horizon last year that we would have seen meaningful , robust insider buying. That did not happen. Yes there has been a nice rebound from the lows ( 6 cents ) and congrats to those who were smart enough to seize the opportunity. Isn't that more of a reflection / result of the overall market - 30,000 onthe Dow this week. Where do we go from here. I hope somehow for all the long term suffering holders of this POS  that it goes to a $1 or 2 or 3. I just don't see that happening anytime soon. There are much better opportunities out there. This is a moribund enterprise that has never made any money and I've had enough of it.
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