TSX:REI.UN - Post by User
Comment by
hroark7on Oct 07, 2020 4:21pm
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Post# 31681655
RE:RE:RE:RE:RE:LOL riocan is the WORSE reit in north America
RE:RE:RE:RE:RE:LOL riocan is the WORSE reit in north America milliontrader wrote:
I did answer your question, you just fail to see it, big money moves thr stocks, big money is "smart" retail money is dumb ( big money has the resources to dig deep). When riocan is being outperformed not only by every market, but also by every sector and even by other Canadian commercial REITs, it only means there is some shet going on that only big money knows and they are getting out before it hits the fan. Riocan is getting outperformed by retail and commercial REITs. If everyone is buying car X but no one is buying car Y, you don't have to be a genius to know car x is better tysj car y Market is always right and market is speaking very loud Riocan is trash and the bad news is going to hit the wire sooner or later
I wouldn't put too much faith on "big money", especially when the vast majorty of hedge funds and other "big money" massively underperform the S&P500. Big money just means they got more salespeople to get other peoples money. Even Ray Dalio, arguably the biggest of big money, is getting his rear end handed to him.