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Bullboard - Stock Discussion Forum 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,... see more

TSX:PRV.DB - Post Discussion

Post by duplex5696 on Nov 03, 2021 11:18am

TRADING ON PRV

As I had indicated in an earlier post PRV is currently in a negative trend line with almost all technical indicators pointing to a bearish state. I have spoken to the CEO and he assures me that there is no news that he is aware of which would account for the stagnant lag in the reit. TD Bank is currently the most aggressive seller of PRV and has been for quite some time now. Until there is a shift in the current technical postering PRV will continue to lag its peer group.However. with an NAV of about $7.19 this reit will reemerge again and move to fair market value.
Comment by Safetrader on Nov 03, 2021 3:06pm
Keep up the good work duplex. After you spoke with the CEO, the share price moved up this PM to a more normal level. Maybe he made a few calls. Market Maker are maybe doing some small in and out on the positive side. 
Comment by SNAKEYBOY on Nov 03, 2021 8:34pm
Having the stock lose a couple % after an offerring is nothing to bother the CEO about.  This guy has risen faster than other reits during the recovery