RE:RE:RBC: Upgraded to Outperform, $24 target, $34 upside TheCapitalist wrote: dsark wrote: Beauty. Increased target $1 to $24. Upside is $34. Moved from Sector Perform to Outpeform. The boys are back baby!
I gained almost 9% today in capital appreciation. I'll have more than doubled my money at $34/unit.
Definitely glad I took your advice.
Hey man, you made that decision, I just gave my opinion! However, I'm glad you loaded up. I also went all in. My cost went up to $16.34 but that's okay. I sold AX & DRG moderate gains.
When I wrote that bit in December about how they should cut to $1.50, cancel the DRIP, and sell properties to buy back shares. To be honest, I didn't think they'd actually do it. However, as an accountant, I know what the end result will be. A much higher share price! I think the ones that took modest profits today will be sorry. I also believe their actions will be accretive to shareholders as in the book value will increase, which will cause analysts to revise targets up down the road.
Cheers to everyone that added or is enjoying the ride!