True North Commercial REIT TUERF

To recap

[luscar99]

As long as the stock trades under the most dire estimate of NAV ($14) I want the entire cash flow to go towards buybacks and debt reduction.

And in order for the buybacks to be executed at the lowest possible price I'd like the management to give the quarterly reports an ugly bias and downplay the possibility of bringing back a distribution.

So far so good.

[flamingogold]

Smart thinking and I think they will follow through on it.

[cooper90]

If they continue on buybacks through June (meaning through FYQ2) I believe once rate drops are announced by the BOC in June. We could see both an accelerated interest in buying, coupled by needed volume supported from the daily buybacks.  IMO this could set the stage for a nice pop in June and go forward after a lengthy consolidation in around the $9-$9.30 range. Its possible if we look at

[lancebryant]

9 bucks?.. k.

[EstevanOutsider]

agree. i have a $16 unit price under the most bearish price assumptions on asset sales.