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


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

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

TSX:AX.PR.E - Post Discussion

Artis Real Estate Investment Pref Shs Series E > I will own a possible mistake I made referrencing TJ
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Post by DZtrader on Jun 22, 2024 8:14pm

I will own a possible mistake I made referrencing TJ

Some time ago, I noted that TJ suggested reits would see a further decline of 30%. While I believe I did read that in one of his posts, I did a quick look but did not locate that post (doesn't absolutely mean he didn't say that) to that extent, that being the case, I will own that I may have erred.

As a result I was called a liar. Let me say right now, I do not lie and I do not cheat. If it was an error, thats what it would have been, an honest mistake, it would not have been a purposeful misrepresentation. I do my best to represent what I believe to be the case and my opinion. I would never purposely misrepresent and most certainly would not lie. I was not raised that way.

In any event, my bad if that were the case. Not fun having to own this but it is the right thing to do. While I will continue to comment on things when I think it warrants, I will no longer engage in dragged out trash. I have eluded to this in the past but will endeavor to stick with it best I can.

Stay good,

DZ
Comment by Torontojay on Jun 22, 2024 8:20pm
There is no such post that exists where I made that claim. I have no reason lie about and one can further check my past posts.  Let me repeat what I said:  I have said that the S&P 500 has historically fallen by 30-35% in times of a recession. Nowhere did I say Reits would drop by the same amount. 
Comment by Torontojay on Jun 22, 2024 8:22pm
There is no such post that exists where I made that claim. I have no reason to lie about it and one can further check my past posts.  Let me repeat what I said:  I have said that the S&P 500 has historically fallen by 30-35% in times of a recession. Nowhere did I say Reits would drop by the same amount. 
Comment by garyreins on Jun 22, 2024 8:25pm
Let me chime in here.  A recession sounds scary but canada is likely in one now and really depends how steep and ugly it gets.  If bonds rally bringing US 10 year to 3.5% and reits sell off from where they are now they'll yield 8 to 11%. Historically this huge spread won't last very long unless it's truly a hard landing.  Central banks should pick up smoke signals before ...more  
Comment by Frankie10 on Jun 22, 2024 8:54pm
Dz, everyone on this board, who is here for the right reasons, knows you're an honest and generous person for sharing your thoughts and knowledge with us. Thank you for everything you share - I personally appreciate the back and forth - I have learned much.  You stay good.
Comment by jmkOttawa on Jun 23, 2024 12:16pm
Love your posts, DZ. Appreciate that you are never putting down others, and I find value in what you add to the board. Enjoy the weekend!!
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