True North Commercial REIT T.TNT.UN

Think about it

[thenewsnake]

We all found it odd When DD bought 1m shares at 3.30 avg then was not even nibbling at 2.20ish.  Now he's back and adding aggressively it would seem.. is their a definitive margin of safety now or is he going to the max to make privatization easier to accept

[gold_diggers1]

. The question is how deep is DD's pocket?  In just two days, DD spent $299K buying up 233K shares . GLTA

[pierrelebel]

You asked "The question is how deep is DD's pocket?" Answer: The guy is a Billionaire - with a "B" Daniel Drimmer is the founder, President and Chief Executive Officer of Starlight Investments, a Canadian real estate asset manager with over 300 employees and $20B in AUM encompassing more than 70,000 multi-family units and 8.0M commercial square feet across Canada and

[thenewsnake]

DD probably has teh capacity to take TNT private if its in his best interest and the deal is cheap enough

[gold_diggers1]

. Thanks for the insight, Pierrelebel! . At this price, time to accumulate then?  I don't want to see him taking TNT private under $2.  How about $3 at least (before consolidation price, that is) :) . GLTA

[Panic54321]

Good info! Just a note for those who don't know. Northview REITs ( older REITs ) bought out truenorth apartment REITs.   ( Then became Northview high yield fund)  That high yield fund has now become Northview residential reit. ( Just finished recapitalization event and change the reits name ) NRR.un.  3 Rd largest residential read in Canada.   Good buy now. 2

[hroark7]

True North Apartment REIT (TN.UN) which then turned into Northview Apartment REIT (NVU.UN) netted me 7-figuures in profits. TNT.UN did not. That is all.

[lancebryant]

With this logic no matter what action he takes you will not be pleased. He sells shares; ohh  he's getting out of dodge. He buys shares? Well  hes taking over the company and hes going to swindle all the other shareholders. Honestly; think over the logic a bit, its nothing but bullish.