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PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures T.PRV.DB

Alternate Symbol(s):  PRVFF | T.PRV.UN

PRO Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company owns a portfolio of commercial real estate properties in Canada, with an industrial focus in robust secondary markets. The Company’s segments include three classifications of investment properties: Industrial, Retail and Office. All of the Company’s activities are located in a single segment, Canada. With a concentration in eastern and central Canada, its industrial-focused real estate portfolio consists of commercial properties located in secondary markets. It has approximately 123 properties, including MONCTON, NEW BRUNSWICK, Amherst, Nova Scotia; L'ancienne-Lorette, Quebec; Daveluyville, Quebec; Saint John, New Brunswick; Miramichi, New Brunswick; Woodstock, New Brunswick and others. The Company’s properties are located in Western Canada, Ontario, Quebec and Atlantic Canada.


TSX:PRV.DB - Post by User

Comment by Safetraderon Nov 02, 2021 9:00am
86 Views
Post# 34076418

RE:RE:US Traders Insuring PRV Stays Down

RE:RE:US Traders Insuring PRV Stays DownFor the month of Oct most REITs  and 2 ETF (RIT, ZRE) had very good Share price increases. Average of 5% up. I guess it was expected for PRV share price not to move much from $2.75 to $2.80 for a while.  PRV issued over 10M shares at $6.58 to several Underwriters (Banks). Banks will put some back on the market for a fast return of 2-3%.

Ounce retail investors stop buying this stock which isn't following the market they will let it  (or help it) moving up so they can sell more. We need patience in the process. 

Now, pretty easy to understand why some banks are letting us buy shares without a fee, or banks analyst giving good reviews........there is always something in it for the big guys...LOL


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