RioCan Real Estate Investment Trust T.REI.UN

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I'm tempted to buy a lot more shares to lock in the 9% yield

[CANCDN]

Covidruinedme wrote:
your return is garbage if you had put the same amount of money in any stock you would ha e have 3x to 6x of that. You would have made more money If you have put that money in bpy hr sru or pretty much any other reit. So I dont know who you are trying to fool by saying 140k profit because % you pretty much underperformed everyone lol. You held through months of flat and down trading with the highest period of uncertainty just to sell the beginning of an uptrend ? Pathetic Market wasnt respecting REITs because of the vaccine uncertainty. Now the vaccine is a known element market isnt going to give a f to a 2 to 4 weeks lockdown. Market is forward looking and hates uncertainly. Do you think you are the only person saw the news and ford ? Didnt the news came out during market hour? Did riocan go down? The possible shut down was baked it for weeks. Market is smarter than you and I. You won't see under 15.8 ever again unless something goes wrong with the vaccine.

umm you newbie, go back in my history.. I sold out   RioCan back in June, bought BPY, it gapped up because of NCIB, I then sold and went back into RioCan at avg of 14.xx settling back at at avg around 14.5X. So 2, almost 20% returns on my taxable margin account at very low risk, I'm completely fine with anout 250k pre tax profit and about 3k of interest and trading fees. Unless someone had inside info, no way in hell would have anyone predicted BAM would then go on a buying spree beyond the intial NCIB back in late June/early July. It is just luck if you held during the run up of BPY who is paying out 175%.

anywyas I'm glad you put an actual prediction so while I hope it doesn't pull back for the sake of my reg accounts, i will remind you when it does. 

ps I have blocked you. You offer zero information or thoughts that help me make good investment choices.