Slate Grocery REIT T.SGR

Primary Symbol: T.SGR.UN Alternate Symbol(s): SRRTF

Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties. The REIT has a portfolio that spans 15.2 million square feet of GLA and consists of 116 critical real estate properties located in the United States of America. The REIT owns and operates real estate infrastructure across United States metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, Hocking Valley Mall, North Lake Commons, Eastpointe Shopping Center, Flower Mound Crossing, North Augusta Plaza, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.

TSX:SGR.UN - Post by User

Slate Grocery REIT

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Comment by stockbearon Apr 04, 2010 12:50am

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Post# 16954365

RE: Shorts/Financing

----------Original Message Posted 4/3/2010 7:06:09 PM---------- There are 700,000 declared shares short and these are the guys that are driving the market right now. It may be part of the stupid why financings are done in Canada. The underwiriter shorts the stock and make their money on the sp falling which they can control easier, than trying to run a market up. So once they have cleared their short position I would expect SGR to rally a bit.

Although SGR can still keep coming out with very good news, the market now just expects it. With the add'l stock out there from the recent financings, I doubt that we will see $ 4.00 again until there is a serious take over attempt. Which could be in the works if the suitor is the party doing the shorting. Run the stock down to $ 1.50 and then make an offer at $ 2.50 and buy this excellent gold property. Business is war.

The other thing that concerns me is the insiders have unloaded a ton of stock. Could be there is something going on we don't know about. Some of BOD have big positions in Strikepoint ( SKP) next door. They may be unloading SGR and increasing their position in SKP at .37 cents. I expect a run up on that one soon.

SGR also has other great properties in Ontario. Any news on what they are doing there?

These are interesting times. S/P is getting very attractive at these levels. It depends on how brutal the shorts want to be I guess.

good luck.

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