Inovalis Real Estate Investment Trust T.INO.UN

RE:RE:RE:The numbers look bad. The risk is High.

[BlueJay2020]

flamingogold wrote:

So, when are you buying? 

:) not until it stops dropping by 8% each day!  My prediction of $3.50 came true within a day, and now we are seriously looking at the high 2s as a possibility. The stock is at the mercy of speculators and shorters now, which will only add to the volatility.  Part of the trouble is that what was the sole reason to hold this stock - a stable income play - has been smashed to smithereens, and not simply because of events largely beyond management's control (as with SRV). 

That said, I am looking at $3.15 as an entry point - a 13% yield that's commensurate with the risk.