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Innovative Industrial Properties Inc IIPR

Alternate Symbol(s):  IIPR.P.A

Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated cannabis facilities. The Company is engaged in the business of providing real estate for the regulated cannabis industry. It acquires its properties through sale-leaseback transactions and third-party purchases. The Company owns approximately d 108 properties comprising an aggregate of approximately 8.9 million rentable square feet (including approximately 1.4 million rentable square feet under development/redevelopment) in Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiaries include IIP-AZ 1 LLC, IIP-AZ 2 LLC, IIP-AZ 3 LLC, IIP-CA 2 LP, and IIP-CA 1 LP.


NYSE:IIPR - Post by User

Post by drbob512on Nov 11, 2020 10:06pm
452 Views
Post# 31882656

T.A. for IIPR Wed:

T.A. for IIPR Wed:IIPR has relative strength vs. many growth stocks, of late; has B rating by Swingtradebot, with all timeframes in Uptrend. It closed at 155, up almost 2 pts, and only 10 pts (7%) off of its ATH of 165 which is much better than ZM TSLA DOCU TDOC PTON & many other high flyer growth stocks. It has a high stochastic & RSI & is well above parabolic SAR. Only potential problem is that pesky gap @ 136 1/2 to 140. Gaps don't always fill but if price gets close to them, it usually does fill.IIPR is no longer parabolic way above upper Bollinger Band but stochastic is slightly crossed down.
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