Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): T.AX.UN | ARESF | T.AX.PR.I

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

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Artis Real Estate Investment Pref Shs Series E > WHAT DO WE HAVE HERE?

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Post by garyreins on Jun 24, 2024 10:13am

WHAT DO WE HAVE HERE?

Hmmm..on the capital gains deadline day, the STINKY, DISGUSTING trd canadian reits find some footing and stage a broad-based rally. Coincidence? Congratulations to myself and Scrooge who unlocked the mystery.

Time for a 5-10% upswing going into July

BUY TODAY- THESE BARGAIN BASEMENT PRICES JUST WONT LAST!

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Comment by babybunny on Jun 24, 2024 10:21am

I must admit you were right all along, Gary. Bold call, and you absolutely nailed it. Baby Bunny

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Comment by DZtrader on Jun 24, 2024 11:13am

Sorry to burst your bubble dude, and even moreso to agree with TJ but this has absolutely nothing, zilch, zero to do with the capital gains tax, seriously. Fed speak dovish today was helpful. Haven't had much chance to look around yet to see what else but no way cap gains, sorry.

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Comment by DZtrader on Jun 24, 2024 11:14am

................also likely a run up into what is perceived to be a good PCE print at the end of this week.

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Comment by garyreins on Jun 24, 2024 11:16am

A reit CEO agreed even that the capital gains had indirect and direct consequences of cashflow redirection....and the bleed stops today on the "exact" day it expires. Connect the dots man!

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Comment by Torontojay on Jun 24, 2024 11:35am

Gary, I know a thing or two about accounting and taxes. This has nothing to do with capital gains tax. The market can be irrational sometimes and we just have to accept that. You can believe whatever you want to make yourself happy.

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