TSX:SRV.UN - Post by User
Comment by
flamingogoldon Nov 28, 2021 5:59pm
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Post# 34174135
RE:RE:Vaccines saved 2021...
RE:RE:Vaccines saved 2021...Agree, a lockdown in Ontario, where the majority of SIR restos operate, is highly unlikely with almost 80% vax rates and the GTA is even higher. Nevertheless, volatility will ensue. I'm watching the VIX. Great buy opportunity exists between 30 and especially up to 40.
VIX chart BlueJay2020 wrote: Will be interesting to see how the markets fare tomorrow. I have some dry powder if there is another pullback. Just with how the markets have gone I can see as much as a 10% correction but it will represent a buying opportunity, especially SIR if we end up with a double digit yield.
By the way, the Ancaster restaurant was ticking over nicely at lunch today. Perhaps people are getting their meals out before lockdown (which I think is very unlikely to happen).