OTCPK:NNVUF - Post by User
Post by
roniejameson Dec 05, 2015 11:28am
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Post# 24357517
tax loss selling
tax loss selling
My guess is this REIT is under some tax loss selling pressure. Once that's over we should see a bit of a pop. Now that the company has bought True north and the starlight apartments its exposure to Alberta is only 19%. Yet it still seems to go down if oil goes down. Most of its apartments are now in Ontario. I will be looking to add over the next few weeks. It is trading aprox 25% below its Net Asset Value and analysts on average have it earning $2.40 in FFO and paying out $1.63