Slate Grocery REIT T.SGR

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

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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 Canonballon Apr 03, 2012 4:37pm

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Post# 19754842

RE: RE: sgr

PruneFace you are absolutely right it's a matter of perspective.

Scorpio Mining Corp(SPM:TSX, CA) for example has had a rough time and many others today...I was nibbling at SGR before and had 4000...@ around 1.44 average... waiting for a sell off move... a mini capitulation - I think I saw that today ...I was looking for a sharp pull off the 5 Day MA and I got that signal today.

So I bought a pile at 1.25 and have an order in at 1.22 - that never got filled. Soon as it hit 1.22 for a few trades bang... it went up sharply to 1.28 and finished roughly around there. Gold and the Market has had a sell off from over bought conditions ...so SGR is likely to stay around here -one hopes- taking my best shot at it.

There maybe additional selling pressure Wednesday as people get home tonight and see the results of today and hopefully panic sell a bit more - so I have a low ball bid in waiting.

Cheers - good to see the markets behaving true to form.

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