TSX:WRK.DB.K - Post by User
Post by
canadafanon Aug 03, 2011 2:53pm
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Post# 18900162
REITs
REITsMost reits took a hit today.
RioCan , white rock , AX and others.
Today one of many released Q2 numbers and they are very good.
All indications are that when White rock releases its numbers next week they also will be above expectations.
Todays market reaction is quite an over shoot.
Every once in a while the trading prices of compnaies are not in-line with where they should be.IMHO today is one of those days.
WRK is "oversold" by any measure and should be trading much higher...it is not, but that does not represewnt any known operational issues.
That will be clarified next week as well as Jason's bonus package.