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.

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Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures > Not alot in the way

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Comment by flamingogoldon Jun 16, 2021 3:43pm

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Post# 33396570

RE:Not alot in the way

We are going to test March 16-17, 2020 levels soon. The upper band on those days at the start of covid were $8.27 and $7.42 respectively.

Above that, the resistance levels are much further up the curve and in giant gaps. This is because from late Feb 2020 when covid began the stock was trading as high as $12.71 and in just over 30 days it dropped a staggering 67% to $4.25. Incredible!

Obviously it's going to take some time to climb back up and the amount of air above where we are now is just mind boggling.