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Bullboard - Stock Discussion Forum RioCan Real Estate Investment Trust T.REI.UN

Alternate Symbol(s):  RIOCF

RioCan Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, manages, and develops retail-focused mixed-use properties. Its portfolio includes leasing, development, and residential. The Company’s properties are held by various tenants, such as grocery, pharmacy, liquor, personal services, and specialty and value retailers. The Company’s portfolio is... see more

TSX:REI.UN - Post Discussion

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Post by thenewsnake on Sep 22, 2020 12:57pm

AND WE'RE RED

Its going to be a LONG LONG Winter.  Probably will be able to pick this up for $11-12 at one poit
Comment by milliontrader on Sep 22, 2020 1:00pm
yea i lost hope of getting any vaccine this year and next year  and seeing riocan above 15 until 2 years after vaccine, so 2024
Comment by materialsgirl on Sep 22, 2020 1:07pm
milliontrader; Your sentiment about the share price staying at ~ $15  could turn out to be correct for some time.  Nobody knows. Your sentiment about any share price happening 2 years after a vaccine is logically not correct, A share price is a leading indicator, not a lagging indicator. conceptually, the share price will rise 2 months before the masses get the vaccine mat
Comment by milliontrader on Sep 22, 2020 1:23pm
leading indicator ? so based on the price action since may, the market believes there wont be any vaccine ever and all the reits are going to lose 30% of their business permanetly because everyone is going to be out of job or stay home shop online and work from home meanwhile while no one is going out for some reason everyone is going to buy tesla and leave it in their garabage to collect dust ...more  
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