TSX:PRV.DB - Post by User
Comment by
Arbutus22on Sep 24, 2020 5:08pm
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Post# 31615974
RE:Are we going to retest $2.50, this is a turd man
RE:Are we going to retest $2.50, this is a turd manCFO was buying in August at $5.35. I bought from 3.30-4.80 over past 6 months. PRV has strong management, strong growth and potential for more, with potential buyout well down the road. Didn't think sp would drop to current level again but here we are. This is long term for me, not a trade. Nothing specific to PRV; market negative momentum dragging sp down, along with sp of many other reits. I didn't buy today but will pick up more tomorrow if sp remains weak. If you believe the hysteria will pass, and that the virus will dissipate, then downrisk here is minimal. Meantime, I collect 10% which seems in zero danger of being cut, after dividend cut back in April.