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

US Traders Insuring PRV Stays Down

[duplex5696]

A trend is appearing in the trade cycle of PRV. Simply put US traders are using PRV to buy and sell within a limited range. As long as this game continues PRV will continue to remain in this range. Today as PRV reached $6.84, large sell orders from one broker brought the price down to $6.79 thus insuring its limited movement upward. How long will this procees continue ? Eventually the market will push PRV to its fair market value.

[Shirtlessnomore]

That has been going on for 4 months as it has with many REITS it's not a trend appearing now. Jmo. ...

[Safetrader]

For 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