True North Commercial REIT T.TNT.UN

RE:RE:RE:div. cut

[pandsca]

Yup, that was my opinion and was a mistake on my part for my own TNT investment in my own TFSA accounts.
Specifically, my DIV cut comments were soley based on my looking at the DIV history relative to the SP over the life (since inception) of the stock, nothing more becaue I had already done my DD on the company.
I encourage you to look at that chart and compare it to what I'd written in my comments, you'd see a solid DIV history that survived a great deal of uncertainty for relatively long periods.

I pay no attention to opinions of people on the internet in public forums. I rely solely on my own DD and then I stick with my decisions.

The SP took a nose-dive because people sold as a knee-jerk reaction. TNT cannot control these people, but I'm sure they braced for it because they quickly put a buy-back plan in place and the CEO started to buy a lot.

No matter if the CEO lives off the income of that or not, he couldn't sell any stock before the cut and he could not buy until we all could do the same. That's the law.

Investing "can be" better than doing nothing with your spare money, but it is not any different than gambling as you're relying on your own due-diligence to mitigate chance when you finally roll the dice.
Once you investigate a company, you then throw gobs of money into the trust of others and hope those people will act in your best interest.

I'm a hobbyist investor and I have nobody to blame, or to thank, but myself.
I prefer it this way even when things don't look so rosie.