TSX:PRV.DB - Post by User
Comment by
Safetraderon Nov 02, 2021 9:00am
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Post# 34076418
RE:RE:US Traders Insuring PRV Stays Down
RE:RE:US Traders Insuring PRV Stays DownFor the month of Oct most REITs and 2 ETF (RIT, ZRE) had very good Share price increases. Average of 5% up. I guess it was expected for PRV share price not to move much from $2.75 to $2.80 for a while. PRV issued over 10M shares at $6.58 to several Underwriters (Banks). Banks will put some back on the market for a fast return of 2-3%.
Ounce retail investors stop buying this stock which isn't following the market they will let it (or help it) moving up so they can sell more. We need patience in the process.
Now, pretty easy to understand why some banks are letting us buy shares without a fee, or banks analyst giving good reviews........there is always something in it for the big guys...LOL