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

Bullboard Posts

Post by Avocadopiton Jun 15, 2012 2:02pm

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Post# 20018826

I predicted this in early January, 2011

Post #29153589 on January 22, 2011:

Has anyone noticed that SGR has almost completed a perfect head and shoulders top?

https://www.investopedia.com/terms/h/head-shoulders.asp

Left shoulder early December, 2009. Proceeded by a high volume spike.

First neckline March/April 2010, followed by a new high (and the peak so far) in mid May, 2020. Highest single day volume is less than previous high, left shoulder.

Second neckline early October, late November, followed by the second shoulder, topping out in late December at almost the exact level of the first shoulder. Volume on this rise is considerably subdued.

A subsequent drop to the neckline and then some, on somewhat higher volume.

Next week should be interesting. The scary thing is the measurement. Normally you measure from the neckline to the head and subtract from the neckline to find the final bottom. That would be about a dollar.

Traded as low as $1.03 today. It was about $3.00 a share when I first posted this.