Great Ajax Corp T.AJX

Primary Symbol: AJX

Real Estate

Great Ajax Corp. is an externally managed real estate company. The Company’s primary business is acquiring, investing in and managing a portfolio of mortgage loans. The Company operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The Company primarily targets acquisitions of re-performing loans (RPLs), which are residential mortgage loans and non-performing loans (NPLs), which are residential mortgages. It invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio, or, less frequently, through a direct acquisition. It may acquire RPLs and NPLs either directly or in joint ventures with institutional accredited investors. It may also acquire or originate small balance commercial loans. Its manager is Thetis Asset Management LLC. It conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.

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Great Ajax Corp > “The bigger the base, the higher in space."

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Comment by sparkyAgon Sep 07, 2021 9:36am

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Post# 33818186

RE:RE:“The bigger the base, the higher in space."

I think it will come sooner. All that is needed is an inflection in revenues so investors can get a glimplse of what is possible. Then, when there is a swing from losses to profits the stock will really rip.

The largest percentage moves in stocks are when the company experiences this crossover from losses to profits -- especially when it is not telegraphed ahead of time.

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