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Innovative Industrial Properties Inc IIPR

Alternate Symbol(s):  IIPR.PR.A

Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated cannabis facilities. The Company is engaged in the business of providing real estate for the regulated cannabis industry. The Company acquires its properties through sale-leaseback transactions and third-party purchases. The Company owns approximately 108 properties comprising 9.0 million square feet (including 722,000 rentable square feet under development/redevelopment) in 19 states, including Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiaries include IIP Operating Partnership, LP, Innovative Industrial Properties, LP, IIPR, Inc. and IIP-GP 2 LLC.


NYSE:IIPR - Post by User

Post by drbob512on Nov 03, 2020 8:59pm
142 Views
Post# 31834300

T.A. for IIPR Tues:

T.A. for IIPR Tues:Daily stochastic is crossed up @ 27% & increasing space betw k & d %, which is positive. Parabolic SAR is still above stock price @ 128, which is slightly negative but improving as IIPR closed just about 123, would take only a 6 pt rally to turn it positive. Acc/Dist indicator shows continued accumulation/ positive money flow. Earnings come out tmrw after the mkt close, according to Swingtradebot.com. Today IIPR closed near HOD= positive. Rated C with ST trend is flat via Swingtradebot, so bullish trend has not yet occurred. We shall see what is reaction to ER & Conf. Call to ensue.
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