Morguard Corp T.MRC

Looking Good.

[slst]

When someone said "Bye, I out"...I took a second look.  The trend was positive and now its steepening nicely.

Its subsidiary MRT.un is moving even faster...practically every day this week.

Good Luck Longs.

[pierrelebel]

MISSISSAUGA, ON , May 7, 2021 /CNW/ - Morguard Corporation ("Morguard"), (TSX: MRC) announced today that it has filed a (final) base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada , except Quebec . The base shelf prospectus is valid for a 25-month period, during which Morguard may offer common shares, preference

[slst]

THIS IS FANTASTIC NEWS!!!  Thanks for sharing. Banks are Flush with money and need some good sized financing.

[C32BTT]

Looks like someone is trying to get out.  There was a huge 2000 share sell at $134 price point.

[pierrelebel]

C32BTT wrote "Looks like someone is trying to get out.  There was a huge 2000 share sell at $134 price point." It all depends how you look at the transaction. I see someone trying to get in! Is the glass half full or half empty? While there may be many valid reasons to sell a stock to raise funds - many having nothing to do with the company itself but simply the need to raise

[undervalue]

One possible alternate scenario would be MRC buying TWC. With Shares or cash. With Rai holding 80% of TWC, he could roll in a tax efficient manner. Not be diluted, simplify his life and his estate. MRC virtually runs TWC. TWC holds a vast land bank of 10,000 acres that could use the development and planning skills and bench strenght that MRC has. The minority at TWC could use the share exchange to