Nexus Industrial REIT T.NXR.UN

RE:RE:NXR-Market Sentiment

[Defiance2050]

SuperDude2 wrote: Not necessarily, l thought mgmt and NXR where some of the best and l posted so , but going to the market on a regular basis to accumulate , call accretive but not a single dividend increase in 5 years , were all red flags to me. l traded a ffew times on swings and my majority initial purchase was when they were on the venture. l started taking profits and investing elsewhere leaving me with about 1200 shares at a 0 cost basis. those l sold on ,l sold on Monday at $1261 and redeployed into an equity which is up 4%, no gaurantee of the future , but when mgmt in my thinking make misteps , sorry Defiance as your explanations are entirely plausible , then l am not interested in treading water. The market doesnt like them and a hope and a prayer is not sound investing. This is not to say , l wouldnt buy back in , but that will take mgmt rewarding us , who own and paid for , not themselves. if l was 40 maybe a little different , that time has come and gone

To each their own, since November industrial publically listed SP has been flatish - negative. But to consider on other Reits is before Covid trends of work from home, less office space needed, e-commerce trend and location of real estate. Upside outside of big players purchasing shares or companies is capped. 

I have the patience to hold until sentiment improves or lack of patience and will sell if the SP  skyrockets.