Sir Royalty Income Fund T.SRV.UN

Something Cooking?

[BlueJay2020]

60,000 shares traded by lunch-time.  Wonder how much of that was bought by Janes...

Managed to add another 1000 at 4.90, so now back to 2/3 of my original holding.

[Robsopinion]

I'm so confused BJ 2020, you talk up everyone holding steady and not selling out. Then you sell out. Now your all bullish again and buying at a higher price than you just sold out for?  something is cooking here I just have no idea what it is. 

[BlueJay2020]

Quite simple really -  I sold some at 4.75 for the optionality, then bought some back at less than 4.75 and some above 4.75 - average purchase price since the tender is 4.74.   It was a short-term defensive play because I didn't think the stock would move a lot higher in the two weeks following the tender - and so it has proved.   However, it didn't go down as much

[flamingogold]

Not trying to add injury here as I've been there before in other stocks, but selling at a supposed top and seeing it continue to run is tough. With vaccinations about to explode, Spring in less than a month, stores re-opening and everyone coming out of their dens, it just didn't make sense to me to take Janes' offer.