TSX:BPO.PR.A - Post by User
Comment by
timetolearnon Apr 04, 2023 9:56am
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
242 Views
Post# 35378291
RE:Mean reversion
RE:Mean reversionYeah preferred are never known for their liquidity. So any willing seller will have to hit any bid that is out there. Market maker are not stupid and can easily just walk it down $0.20 on every bid on 200 shares. So someone trying to sell 5000 shares will just ended up knocking it down multiple dollars.
Given BPO is BPY are essentially the entire real estate arm of Brookfield, my opinion is they wont just let it go to zero but defaulting on all real estate loans.