RF Capital Group 5 Year Rate Reset Cumulative Pref Shs Series B T.RCG.PR.B

rise to $ $ 2.42

[astutein]

Sam Are you still in and following progress of new GMP - RF capital group.

 

I invested back my proceeds of $ 2.42 at $ 1.61 and now $ 1.70.

Shares of new RF Capital were value conservativelly at $ @. 2.42 and I believe we are going back to $ 2.00 range wonce sellings and speculaters re tender offer disappear.

What your view.

[SamRothstein]

Astutein,  Yes I am still in.   I do think stock will get back to $2.00.  Not counting profit I made on the sale of shares in tender at $2.42, my remaining shares have a cost base around $1.85 so I'm getting super close to break even on remaining shares.  I anticipated downward pressure after the tender as I know a lot of people jumped into stock just for that tender

[astutein]

Sam  Forget our $ 2.00 figure.  It is going to $ .242 shortly.   Stock was up today by 6cents to $1.83 on low volume. Selling is over and stock going higher.  I will report assets under control next week for oct nov and now Dec.