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Cominar Real Estate Investment Trust Trust Units CMLEF



GREY:CMLEF - Post by User

Comment by EVHammondon Mar 21, 2018 3:05pm
55 Views
Post# 27755730

RE:Only hope of recovery short-term

RE:Only hope of recovery short-termCominar's 52 week high was 14.95 came on Jan 25/17.  That high was not due to any inherent value in the company.  The entire market was overheated at the time (in fact, it was only a few days later that the world-wide retracement across all sectors occurred).

Cominar was above 14 simply because a rising tide (world market) floats all boats.  Cominar's boat has a gaping hole in the hull and it's going nowhere but to the bottom.

GET OUT NOW!!!
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