Bullboard - Stock Discussion Forum Sienna Senior Living Inc T.SIA

Alternate Symbol(s): LWSCF

Healthcare

Sienna Senior Living Inc. is a Canada-based seniors' living provider. The Company serves the continuum of independent living (IL), independent supportive living (ISL), assisted living (AL), memory care and long-term care (LTC) through the ownership and operation of seniors' living residences in the Provinces of British Columbia, Saskatchewan and Ontario. It offers a full range of seniors... see more

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TSX:SIA - Post Discussion

Sienna Senior Living Inc > Yesterday Was a Great Buying Opportunity

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Post by joebravo on Sep 22, 2023 8:17am

Yesterday Was a Great Buying Opportunity

I only wish I was able to take advantage, but I don't have unlimited resources, lol.

Can't see this moving lower than this, so hopefully the markets will see the steady, reliable business Sienna offers.

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Comment by BlueJay2020 on Sep 22, 2023 9:05am

I suspect there will be an even better buying opportunity in the 10s today.

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Comment by Mirko22 on Sep 25, 2023 2:24pm

Cant take too much loss for 100K shares. SIA is heding to $9.50.

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Comment by joebravo on Sep 26, 2023 7:43am

The $10's didn't happen, and $9.50??? Definitely not happening. Why the negativity allof a sudden? There's nothing fundamentally wrong with Sienna. Even if there were a rise in Covid 19 cases, we are not going to have another Pandemic scenario like we did the past 2 years. Put that behind you. There will be cases. There will be the flu. There will be this ...more

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Comment by BlueJay2020 on Sep 26, 2023 3:54pm

Never say never. I predicted we would go into the $10s but my timing was off by a couple of days. I agree there is nothing fundamentally wrong with the company (the opposite in fact) and if it did get to the 9s it would be a fantastic opportunity.

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Comment by joebravo on Sep 27, 2023 8:21am

Yes, you are correct. Never say never, but I still don't understand the selloff being so dramatic. True the markets are all in the crapper, but unless I'm not seeing something, I don't see anything wrong with this investment, other than now being flu season, maybe a little Covid which will never completely go away. Otherwise, as you pointed out, nothing fundamentally wrong with ...more

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Comment by Mirko22 on Sep 27, 2023 4:33pm

It is broad based correction. Hope it stops in October.

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Comment by joebravo on Sep 28, 2023 6:18am

I'm not going to say never, but I will say that this is at or close to the bottom, unless macro events occur beyond their control and cause markets to sink further. Sienna fundamentals remain strong, IMO.

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