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

More buying today

[flamingogold]

No one buys their own stock unless they see it as undervalued. MRC continues to slowly accumulate, now at a more steady pace.

https://ceo.ca/api/sedi/?symbol=MRT&amount=&transaction=&insider=

[slst]

AGREED!!!  Thanks for sharing the link.  Very encouraging to see.   There is still a large short position.  Surely they can see the parent co buying that will eat into their gain unless they buy back.  The parent can only buy a percentage of daily volume, so they are limited to how much they can buy.  Since the Parent owns such a large position some analysts are

[Mrguillaume]

The parent has no daily limit - they are as free as you and I. MRC buying is not part of the NCIB. In fact, over the last few weeks, MRC has be 50-90% of the daily volume.

[flamingogold]

This is normally a sleeper stock, off the radar of most investors. With MRC doing almost all the buying and driving the share price up, it certainly raises the question "why?". We can only speculate, but it's certainly a good omen. Time will tell and imo that's all that's needed here... time.