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Bullboard - Stock Discussion Forum Dream Office Real Estate Investment Trust T.D.UN

Alternate Symbol(s):  DRETF

Dream Office Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust. The Trust owns central business district office properties in various urban centers across Canada, with a focus on downtown Toronto. The Trust owns and manages 3.5 million square feet of office land in downtown Toronto. Its objectives include managing its business and assets to provide both... see more

TSX:D.UN - Post Discussion

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Post by SNAKEYBOY on Feb 21, 2023 10:15pm

372k volume

$31/share and NCIB ramp up means nothing to the market these days!  Sandpiper is no doubt buying this up if they liked it at $24/share. If we retest $15 I am going to snap/lose it.
Comment by Catchtherally on Feb 24, 2023 6:48pm
Wrong again. Artis has been selling. Filing Date  Transaction Date  Insider Name  Ownership Type  Securities  Nature of transaction  Volume or Value  Price  Feb 24/23  Feb 23/23  Artis Real Estate Investment Trust  ...more  
Comment by Reece1986b on Feb 24, 2023 7:06pm
Thank you for sharing this with us Catchtherally. It's a strange time to sell units with the rally DIR has been on. 
Comment by CatchTheDip on Feb 24, 2023 7:44pm
This could be a lot of things. Very small amount to consider it selling their position. Like paying for taxes as part of the plan, paying Sandpiper for service in Units, etc. Selling in the 16s is pretty crazy, it must be something else.
Comment by SNAKEYBOY on Feb 24, 2023 10:14pm
The amount is tiny but it could just be them starting to unwind....Artis doesnt have 80k in the bank
Comment by CatchTheDip on Feb 24, 2023 11:32pm
Their average must be in the mid to low 20s. Selling here would show an incompetent Samir/Sandpiper.
Comment by stockrook86 on Feb 24, 2023 11:50pm
Agreed, even if they wanted to dump this is the dumbest way to do it. Sell only 5k, disclose it and then let others front run your 5+ million, if they really wanted to they would have sold way more into the large volume the last few days before the disclosure deadline seems odd and small, must be a specific amount tied to a transaction
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