TSX:REI.UN - Post by User
Comment by
CANCDNon Nov 05, 2020 3:10pm
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Post# 31845819
RE:we are going back to $13
RE:we are going back to $13Covidruinedme wrote: after trading flat for a month, we ran out of buyers in migh $14, whoever wanted to buy is in, now sellers are going to overcome and push this down to high $13.
No, this is a direct result of cineplex saying they wont reopen.... the drop happened after this announcement came out.
RioCan needs to grow balls and evict them. Problem is Sonshine was on the BOD of Cineplex, but resgined after the pandemic hit likely due to the conflict of interest.