RioCan Real Estate Investment Trust T.REI.UN

Price action

[CANCDN]

With business restrictions coming this afternoon, I would have expected a pullback. With this moving up during the day, I am wondering if the pullback didn't happen (like I had expected last week when Ford initially said they are coming) and those on the sidelines are now realizing it...

if their is no major pull back at 330, then I think we have a floor in in the upper 16ies or 17 flat.

[Sapho]

I agree about upper 16's. That will depend how long the lockdown will be? Anything over 4 weeks will bring it further down.  UK has been in lockdown for 3 weeks and number of cases are still very high. 

[Covidruinedme]

doesnt matter, 1 week or 6 weeks, it wont affect value stocks much. there is a vaccine around the corner, the uncertainly of when we go back to normal is gone. the accumulation to lock in yield is happening. do you even understand how crazy 10% yeild is? anyone at lower middle class and up and literally buy in dividend stocks and retire. a condo goes for 400k , thats  30k shares of rio last

[Sapho]

I  I am holding but many will panick and sell. Buying opportunites if there is panic selling. I am happy for my  monthly income from REI . Even 16.50 I will add more. I do hope people panick and sell so I can buy more. 

[Covidruinedme]

you still dont get it do you?  lol