TSX:AX.PR.E - Post by User
Post by
SNAKEYBOYon Apr 30, 2023 4:15pm
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Post# 35421856
SHORTS ARE HUNGRY
SHORTS ARE HUNGRYI would like to believe the opportunity for a small squeeze going into earnings in 9 business days and that mr powell that doesnt come out swinging with the intention of cratering the markets given how more regional banks are still on the edge.
I feel like the shorts wanna squeeze all the juice they can on the way down before they cover and it may play into mr manis hands with 5 million more sharesl left to buyback.
US REIT sector may be on an uptrend and the S & P looks like it could potentially break out after making a few higher lows past 10 months. Financials and REITS have to come out of their funk if thats to happen.
Either way its going to an insane 2 weeks from here.
My preference is Artis stabilizes in the $7.50-$8.50 range for a peace of mind