Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

RE:RE:RE:RE:One Cooper-like press release can burn 6.8M shorts

[Reece1986b]

Things are clearly not as bad in the Canadian REIT space as shorts seem to think if REITs are confident spending liquidity to do a SIB. 

DZtrader wrote:
Hey Estevan, how's things on the prairies? Your points are well taken. It's a tough call right now because yes, it just makes the NCIB that much more effective, plus allows them to continue adding personally for their own benefit. That's kind of why I was suggesting the benefits or the question being posed in the upcoming Q&A. In the event we don't do one and no questions in Q&A, even if another beaten down reit undertook to do one, that may well be all that is needed to put enough scare into the shorts in this sector. Personally, I believe the mindset is going to slowly change within the reit sector here given where we are in the rate hiking cycle and would think you are going to see money starting to slowly flow back in. All things being equal, a company such as Artis that is so heavily shorted and so badly beaten down, should realize some substantial gains...........in time.