RioCan Real Estate Investment Trust T.REI.UN

Alternate Symbol(s): RIOCF

RioCan Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, manages and develops retail-focused, mixed-use properties. Its portfolio includes leasing, development, and residential. The Company’s properties are held by various tenants, such as grocery, pharmacy, liquor, personal services, and specialty and value retailers. Its portfolio comprises approximately 187 properties with an aggregate net leasable area of approximately 33 million square feet. Its properties include 1293 Bloor Street West; 145 Woodbridge Avenue; 1556 Bank Street; 1650 -1660 Carling Avenue; 1860 Bayview; 1946 Robertson Road; 2422 Fairview Street, and others. Its properties for commercial lease, including grocery anchored, open air, mixed-use/urban, and enclosed centers. Its residential brand, RioCan Living, delivers purpose-built rental units and condos. 1293 Bloor Street West is located at the intersection of Lansdowne Ave & Bloor Street in Toronto.

TSX:REI.UN - Post by User

RioCan Real Estate Investment Trust > Is that what margin does to people?

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Comment by hroark7on Nov 13, 2020 6:36pm

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Post# 31899896

RE:RE:Is that what margin does to people?

Covidruinedme wrote:
no he flipped because he got emotional, he also doesnt understand how market works and he got greedy. He is risking $15 upside plus 10% dividend just maybe he can buy back at 14s or low 15s again. Very bad risk and reward. In a sense, risking $15 to make $1

wow when you frame it that way, that's pretty brutal. But I think you're right, the risk is Riocan has some now tested support at $16 and bulletproof support at $15. He gave up the 10% dividend yield and right if the stock breaks through the 200dma there's no heavy resistance until $17.50. The risk/reward probabilities favour holding.

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