Sir Royalty Income Fund SIRZF

New and closed restaurants

[jcw604]

Here is an excerpt: As a result, we have estimated that revenues for the calendar year 2021 will be significantly below our expected post-pandemic potential." said , Chief Executive Officer of SIR Corp. >>> You can also interpret it as the real post-pandemic result will be far better in 2022, if were willing to wait a bit longer. Again, the stock market starts to price in the potential of things the will happen years down the road. Inaction now will miss the opportunity.

[microcaphobby]

This is a self-serving news relase to try to scare investors so that they sell at the crappy 1st offer or bail on the shares. In my opinon, any shares being sold below $4.25 will be scooped up by Janes.  My guess is that the final buyout price is closer to $4.75. 

[jcw604]

If they ever managed to scared anyone Monday morning and they took no action to scoop up the shares right the way, its closed price will probably ended higher. These tactics will not work at all. The content of the NR has long been priced in.

[flamingogold]

Exactly the way I felt when I read it. Outlaw Pete taking a 10 step walk ready to draw against shareholders.