Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Consumer Cyclical Restaurants

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > down 3.00$ in 4 days based on nothing???

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Comment by flamingogoldon Jan 18, 2023 9:38am

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Post# 35230271

RE:RE:RE:RE:RE:RE:RE:RE:RE:down 3.00$ in 4 days based on nothing???

The big run is over. Investors are here mostly for the distribution now.

I've mentioned it before but my next big plays are CHR and HOT, both travel stocks. CHR is already making it's run, but still not too late as the distribution has yet to return there. HOT is paying over 8% and still at pandemic levels. An incredible steal, just like this once was. Worth a deeper dive. GL.

babedinkleman wrote: Smells like they may be trying to run it up again.....and you're right the big fish aren't selling. It's the little fish that can take advantage of whatever is going on and get in the way of the manipulation moving the price upwards into what you call overbought territory. Any thin asscrap volume that gets it over $17 is a good place. Anything over 17.50 should be sold into with great passion. Anything over $18 should be sold hard and fast......and shorted if you have balls the size of kiwis.....lol. That take private or buyout possibility always needs to be kept in mind.

flamingogold wrote: As I mentioned, it's tightly held. The big fish here are not selling.

rabnud wrote: seems to be up quit seriously last 3 days
babedinkleman wrote:
rabnud wrote: just makes zero sense I can understand a dollar over a week maybe but based on the trade volumns
this is just madnes ;; someone somehow on the ATS markets is manipulating the share price

Appears to have subsided......not much volume or fluctuations for the last couple of days. I'm guessing when those that were manipulating it higher got stomped on by those 'getting in the way' with real trading and real volume it might have signalled to the manipulators that the games they were playing with the share price had best be over. Could fluctuate between $14-16 for some time depending what the market does.