Post by
garyreins on Jun 23, 2024 8:16am
MARGIN CALL
Given artis is my biggest position as every other reit is in Free fall like my 2nd and 3rd hr and riocan, manji and edgepoint (and maybe dztrader) must defend 6.00 at all costs. Like the world depends on it.
The dividend overhang is brutal. Manji can easily decide he needs to protect the reit survival over short term unit price. Hopefully it ain't coming up that
Need to see asset sales come in non stop
Comment by
DZtrader on Jun 23, 2024 9:59am
I should think it may well be the shorts that need to worry about and defend their positions down here. Aside from knee jerks and short term weakness that may appear from time to time, it's bottom left to upper right.
Comment by
garyreins on Jun 23, 2024 10:35am
Not sure Im as bullish on artis as others here, Ive seen > 100% payout ratios end badly for NWH and office reits. Manji can't hit a wall selling assets. and needs to do more of the b-class stuff as well