TSX:AX.P.E - Post by User
Comment by
Reece1986bon Sep 22, 2023 4:15pm
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Post# 35650007
RE:Absolutely terrible week for REITS
RE:Absolutely terrible week for REITSI think anyone with a margin account should make 100% sure they will be able to meet a margin call should this decline like many other REITs have recently. Many REITs like PMZ, REI, DIR can still be sold for very good prices if necessary to ensure a margin call can be met. It really would be disastrous to end up being a forced seller at lows. I'm honestly not sure why some REITs are selling off so hard while others are almost immune. It really is a good opportunity to sell some of the outperformers in my opinion.
SNAKEYBOY wrote: US and CAD reit sector right back at June lows. One piece of bad data away from being FLLLLLLLLLLLLLUSHED. Manji needs to pull a miracle, or we're done people.