Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Alternate Symbol(s): MGRUF | T.MRT.UN

Real Estate REIT - Diversified

Morguard Real Estate Investment Trust is a Canada-based closed-end real estate investment trust. The Company provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors. The Company owns a diversified portfolio of 46 retail, office and industrial income-producing properties in Canada consisting of approximately 8.2 million square feet of leasable space. It owns and manages a diversified portfolio of office, industrial, retail, multi-suite residential and hotel properties in North America. It is a significant sponsor of two real estate investment trusts (REITs): Morguard REIT, a closed-end Trust with a diversified portfolio of Canadian commercial real estate assets; and Morguard North American Residential REIT, an open-end Trust with a diversified portfolio of multi-suite residential assets across North America.

TSX:MRT.DB.A - Post by User

Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures > $7.42 next line in the sand

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Comment by my2pennieson Jun 09, 2021 11:24am

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Post# 33355057

RE:RE:$7.42 next line in the sand

Gotta say I was pleasantly surprised to pick up a nice chunk of shares with a 6.48 stink bid today. Nice bounce back.

slst wrote:
Mrt.un paused a few days last week as it approached the $6.52 (resistance)...then closed above it with strenght.

Today, it dropped to test $6.52 and found support and bounced off it. Classic technical move.
What a great call in advance.

Will be watching $7.42.....this is so interesting and so much fun to watch BEFORE the fact.....thanks for pointing it out.