RE:Rochon GenovaStop wasting your time. Management was not overly optimistic. They executed a SIB that was applauded when it was first announced. It was immediately accretive to NAV (almost $4 per unit). Did you try to sell all your shares into it because they were paying a stupid price? I doubt it....you thought it was cheap. The 30% of Toronto cbd office space being obsolete was referring to older buildings of their competitors, making their properties more attractive.
So you wanted management to tell the market everything was awful? Their job is to be optimistic about the REIT. YOUR job is to parse all the information available and decide if you believe their optimism is warranted. Thats called investing. Nobody holds your hand through the process. Sometimes stocks crater in a vicious cycle of selling creating more selling. Throw in tax loss selling and things can get very messy. It may have nothing to do with the day to day business at Dream.
The world was hit with a once in a hundred year pandemic, that altered the WFH landscape and the demand for office space. And yet, you had a chance to sell your units north of $35 in Q1/22. Why didn't you? Were you expecting management to put out a press release telling investors they should really sell at those levels?
Bottom line...if you made money, you're a genius investor. Lose money and it must be someone else's fault.