Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Alternate Symbol(s): MGRUF | T.MRT.UN

Real Estate REIT - Diversified

Morguard Real Estate Investment Trust is a Canada-based closed-end real estate investment trust. The Company provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors. The Company owns a diversified portfolio of 46 retail, office and industrial income-producing properties in Canada consisting of approximately 8.2 million square feet of leasable space. It owns and manages a diversified portfolio of office, industrial, retail, multi-suite residential and hotel properties in North America. It is a significant sponsor of two real estate investment trusts (REITs): Morguard REIT, a closed-end Trust with a diversified portfolio of Canadian commercial real estate assets; and Morguard North American Residential REIT, an open-end Trust with a diversified portfolio of multi-suite residential assets across North America.

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Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures > short interest

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Comment by flamingogoldon Mar 23, 2022 2:20pm

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Post# 34538580

RE:RE:RE:RE:RE:short interest

Shorts are usually saavy and often due more DD than the average long investor. There is still a lot of negative sentiment out there for brick & mortar. The effects of covid are visible everywhere with vacant space all over cities and even total ghost buildings.

I think MRT will pull through, and I believe that is the bet that's going on here. Shorts are not just betting on the stock dropping another $1.30 but likely they expect zero... chapter 11. What I would like to see is Rai push through at least a penny increase on the distribution and send a warning shot to the shorts.

babybunny wrote: The shorts are dummies who are determined to short indoor retail wihout any regard to valuation.

Be happy that the shorts are so exposed. When the share price (finally) pops, they will be unable to cover and will be cooked in their own juices. Folks like me will ignore their screams; I for one will not even start trimming my position until the share price reaches the teens.