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Morguard Corp T.MRC

Alternate Symbol(s):  MRCBF

Morguard Corporation is a Canada-based real estate company. The Company’s principal activities include property ownership, development and investment advisory services. Property ownership encompasses interests in multi-suite residential, commercial and hotel properties located in Canada and the United States. The Company owns a diversified portfolio of 178 multi-suite residential, retail, office, industrial and hotel properties comprised of 17,566 residential suites, approximately 17.1 million square feet of commercial leasable space. The Company also owns a 65.0% interest in Morguard Real Estate Investment Trust and a 45.3% effective interest in Morguard North American Residential Real Estate Investment Trust. It also provides advisory and management services to institutional and other investors. The Company's subsidiaries include Morguard Real Estate Investment Trust and Morguard North American Residential Real Estate Investment Trust.


TSX:MRC - Post by User

Post by Northforce13on Jun 29, 2021 12:27pm
173 Views
Post# 33466368

Timberrrr

TimberrrrPrice keeps dropping and the big seller keeps following it down...

Big seller now taking buys at 136.50 + not getting much volume

Pretty fascinating to watch

Reduced volume might be attributable to people sitting on the sidelines waiting to buy but worried that the bloodletting isn't over

Wish I knew what the motivation of the seller is, it almost looks like forced selling from a margin call or something similar
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