Solid volume here today

RAIT Info here:

RAIT is in Chapter 11 (reorganization)

All SEC Filings: http://www.snl.com/IRW/Docs/113624

RASFQ (Common Stock) .02
RASGQ (Class A Preferred/voting rights) .0225
RASLQ (Class B Preferred company management shares w/ voting rights) .10
RASJQ (Class C Preferred/non voting rights) .022
RFTTQ (senior notes due 2024/selling shares to pay debt) 25.00
RFTZQ (senior notes due 2019/sold shares to pay debt) 25.20

Looking good.

It's up 229% and it seems to have a twin ticker...

Someone is hitting the RASGQ .028's. Bids are rising.

I'll roll the dice tomorrow:)

These prfds could be lucrative. Worth some money for a lottery ticket. They were over $3 a year ago, and over .80 two weeks after the bankruptcy filing. So if the court rules the holders are not wiped out, they could jump massively.

Of course, they could end up being worthless, but the fact they have been running for several days may mean someone knows something.

Looks like the beginning of something beautiful

RASGQ was at .40 in December.

Not sure. Unusual volume and was 3.00 not too long ago

what the story on this

Getting some volume here.

Share Structure
Market Cap 21,192 02/25/2020
Authorized Shares 25,000,000 02/21/2020
Outstanding Shares 5,727,500 02/21/2020
Par Value 0.01

52 week high $3.3

RASGQ has bounced 4-Bagger to 0.0080 today from its New Bottom 0.0020! Last rally it did 6.25-Bagger from previous Bottom 0.0040 to 0.025! So it should hit Another New high 0.0125 as soon as this week...