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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

RioCan Real Estate Investment Trust > It's not as bad as you think...
View:
Post by BlueGuitar1 on Dec 19, 2020 6:56pm

It's not as bad as you think...

Yeah, it is a lot worse.  By Dec 26, we will be in code grey all across southern Ontario and the politicians are thinking and hinting that we need a TOTAL lockdown.  The last lockdown in March was successful in containing the virus and do you guys remember how little traffic there was?  Right now the roads are very busy, public transit is very busy.  There is no real social distancing.  IMO, those cheap masks don't work.  Only medical grade masks work. 

Now, there is tons of traffic because although we are suppose to be in a lockdown, there really isn't.  Public Transit is packed.  For sure the spread will accelerate and eventually the politicians will start a real total lockdown after Christmas.  They are just giving businesses one last chance to make currency. 

Sure, there are vaccines just starting to roll out,  but these vaccine will do NOTHING for several months.  Dose 1 supposedly gives a person 50% immunity.  The second dose completes it after 21 days.  The percentage of people getting both vaccines is small so don't expect herd immunity anytime soon.  

Face it, we are scr ew ed for another year.  The economy is sh i  t  and your only hope is if the stock market melts up in a mass of hyperinflation.  Before that, the market will retest the lows and all REITS will go down.  We should see a double bottom.  Wait for it. 

If you pumpers think we are going to plus $22 by 2021, you have wishful thinking only.  

So far, Pfizer vaccine has caused 4 severe allergic reactions.
So far Moderna's has caused Bell's palsy in some. 
And we don't know if these vaccines affect fertility.  
We don't know if these vaccines protect from new strains evolving.
We are not sure how long immunity lasts.
We cannot give it to people 16 yo and younger and we don't know how safe it is in pregant women. 

They skipped animal studies except for J & J.  You guys are the animals.  If the recovery rate is as high as what the CDC says, why even bother getting the vaccine?  Good question!

Good luck to all.  We are far from getting out of this pandemic.  Risk ON big time.
Comment by CANCDN on Dec 19, 2020 7:13pm
your going to be wrong again like you usually are.  PS both Moderna and Pfizer vaccines are 95% after 10 days. They can't recommend a single does because they did a two dose study. Read the results your self, at 10 days people in placebo keep getting covid and those with first dose essentially stopped getting covid. good luck with your investing strategy. And no, not a millionaire ...more  
Comment by gashole on Dec 19, 2020 11:03pm
your right, there is a ways to go yet, but $22 isnt far off, and 2021 is an entire year long lol........ I will be travelling down south in the fall. Oct, Nov.. By then Air canada will be over $30 again. REI will be $22ish, HR will be $17 or $18.. The masks only keep your breath and spit near you or on your body, they are just used to keep your personal circle very small instead of having some ...more  
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