Rochester, NY 8/29/2009 12:29:04 AM
RAIT Financial Trust RAS, early afternoon report trading fell at 4.25%
RAIT Financial Trust RAS
RAIT Financial Trust, releases its trading fell at 11 cents or 3.59% at market day. The company stocks still off a 52-week high of $7.47. RAIT Financial Trust hit a continuing operation average volume of $807,782 million.
The company, through its subsidiaries, provides a set of debt financing options to the real estate industry; and invests in real estate related assets.
Whisperfromwallstreet.com is a FREE award winning newsletter dedicated to uncovering stocks that are about to move. Please click here to join now.
Last Trade: 2.94
Day's Range: 2.93 - 3.16
52wk Range: 0.45 - 7.47
Change: Down 0.13 (4.25%)
Volume: 800,349
Avg Vol (3m): 807,782
ABOUT RAIT Financial Trust
RAIT Financial Trust operates as a self-managed and self-advised real estate investment trust (REIT) in the United States and Europe. The company, through its subsidiaries, provides a set of debt financing options to the real estate industry; and invests in real estate related assets. It manages and invests various assets, including commercial mortgages, mezzanine loans, and other loans; trust preferred securities and subordinated debentures; residential mortgage loans; and mortgaged-backed securities, including residential mortgage-backed securities, commercial mortgage-backed securities, unsecured REIT notes, and other real estate-related debt securities. The company also invests in real estate interests in entities that own real estate. RAIT Financial Trust qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. RAIT Investment Trust was founded in 1997 and is based in Philadelphia, Pennsylvania.
ABOUT WhisperFromWallStreet.com
WhisperFromWallStreet.com offers free daily stock alerts on companies ready to run. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
WhisperFromWallStreet.com has a dedicated team uncovering stocks ready to break and run. We apply time tested criteria and when one of these stocks meets or exceeds our benchmarks, our subscribers are immediately notified directly to their in-box.
This is a free service available only to our subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
During 2009 our alerts have resulted in an average price gain of 80%+.
Disclaimer: Full disclaimer at http://WhisperFromWallStreet.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither StockEinstein, nor any of its affiliates are registered investment advisors or broker dealers.
