Sienna Senior Living Inc T.SIA

Sienna smashing the $13 ceiling...

[BlueJay2020]

it was as sure a thing as anything ever can be in the market ...even more impressive on a down day for the markets generally and a number of REITS specifically.  A slew of analyst upgrades are helping.  We are seeing cash coming off the sidelines.  

Let's not forget that this stock was threatening to hit $20 before COVID.  Do higher interest rates demand a SP that's around a third lower than that (as, fundamentally, that's the only major thing that's changed)? As interest rates fall, there is plenty room still left to run.

[flamingogold]

$13 was a nothing techincal wall, pure psychological and it sliced through it like a hot knife through butter. The next real wall is a buck higher at $14.20. Lots of air still above.

[colombuss]

I also see it potentially go much higher. Senior housing has been a hot commodity 20 years or more ago. These times may return, with main drivers, full occupancy, growth, and that costs off newbuild is much higher than few years ago. This needs to level out for new supply to come online. In a way, you can say, buy buying the realestate in the reits, we bought 40% cheaper, than what it can be