TSX:REI.UN - Post by User
Comment by
CANCDNon Dec 30, 2020 12:32pm
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Post# 32197872
RE:Long road ahead
RE:Long road ahead you are right, when you watch day to day action, but over time, stocks always match their value. I was thinking a 17-18 jog until the spring abd maybe that will still be the case. I don't wish loses on anyone but wouldn't be disappointed if this dropped a little more as I have money coming in within the next month and a half I would like to spend on RioCan.
but you know what they say, Retail is dead, everyone is staying home forever. The same thing they said in 2008/2009, same thing they said about NYC after 9/11.
canadian wrote: Yesterday being the last tax loss day and Astazeneca approval, I was expecting Rio to go up atleast a little. Not much investor interest in Rio.Hope it changes soon Meanwhile Real estate optimism blows past pre-virus levels in Canada.
Unless there is investor interest, a shitty stock can keep going up, while an excellent stock can keep falling