I would have thought now that JP Morgan buying Bear Sterns would now make that article irelevant, or in fact stregthen RAT. JP are not buying in to liquidate them but realise they are paying a super dsicount price on a distressed asset that if it turns around will make them a fortune. Just like hopefully buying RAT at these prices.
In regard to their properties they are quite diversified if you look through their profile.
Maybe I am going crazy but people arent all of a sudden going to stop paying their rent. After all that is the cornerstone of property. Their are cashed up people out there but everyone is waiting waiting waiting for the bottom, and thats why things keep falling. There will be a turnaround and if RAT can sell this GSA portfolio at even only a slight discount , the sp will rocket up to 50c
RAT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
