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Bullboard - Stock Discussion Forum Primaris Real Estate Investment Trust T.PMZ.UN

Alternate Symbol(s):  PMREF

Primaris Real Estate Investment Trust is a Canada-based company, which operates as an enclosed shopping center-focused real estate investment trust (REIT). The Company owns and manages 35 retail properties aggregating approximately 11.4 million square feet, including 22 enclosed shopping centers totaling approximately 9.8 million square feet and 13 unenclosed shopping center and mixed-use... see more

TSX:PMZ.UN - Post Discussion

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Post by Shirtlessnomore on Jan 13, 2022 3:57pm

I'm out

That was as easy as clubbing baby seals! Cheers
Comment by TestaDiMinchia on Jan 13, 2022 4:17pm
Someone was hot and horny buying big into the close today......
Comment by pierrelebel on Jan 14, 2022 10:47am
Also sold this morning at $13.68. I expect to buy back below $12.80 within a month or so.
Comment by DeanEdmonton on Jan 14, 2022 1:48pm
Personally I think it will go up quite a bit more before it drops, and I don't think it will drop for at least 6 months. Also, want to collect at least one Divy payment, maybe more. There, we both made our predictions, be interesting to see who is right.
Comment by TG1960 on Jan 14, 2022 4:09pm
needed exposure to a REIT and happy to just collect the divy every month...averaged in on the spinout with the other smart money under $13....cashflow machine
Comment by gashole on Jan 16, 2022 10:39am
Big mistake. I averaged down on my shares I got from the split, why would it go under $13 again? There is NO reason. It is so incredibly undervalued, there is no where for it to go but up. For the first time in a long time I am excited about a stock. PMZ is that stock. sustainable dividend, plus low debt = shares going up up and away !!
Comment by SNAKEYBOY on Jan 16, 2022 2:55pm
blackout period begins now, so may not have big bids under it.   Long term this is easy $
Comment by Shirtlessnomore on Jan 18, 2022 3:50pm
There are no mistakes, it was a very very easy trade for fast cash, people do things for different reasons, I already have a couple reits and I dont need to collect them personally, I think those of us who grabbed it and made a buck a share did just fine inside a week.