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True North Commercial REIT T.TNT.UN

Alternate Symbol(s):  TUERF

Real Estate REIT - Diversified
True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. The REIT owns and operates a portfolio of about 40 properties consisting of approximately 4.6 million square feet in urban and select strategic secondary markets across Canada focusing on long-term leases with government and credit-rated tenants. Its properties include 36 and 38 Solutions Drive, 500 Beaverbrook Court, 61 Bill Leathem Drive, 675 Cochrane Drive, and 1112 Fort Street, among others.


TSX:TNT.UN - Post by User

True North Commercial REIT > Go to zero already
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Comment by Compypaulon Jun 15, 2023 1:17pm
181 Views
Post# 35498425

RE:RE:Go to zero already

RE:RE:Go to zero already

flamingogold wrote:
Time to quote Keynes famous line... "Markets can remain irrational longer than you can remain solvent". 
 
Emotion is the greatest killer of wealth. Most investors will become frustrated and eventually capitulate and sell at a loss before it "goes to zero". Only then does a stock find it's bottom and market sanity return unfortunately too late for many.

SNAKEYBOY wrote: I wanna lose 30k and be rid of this junk



 

A good reminder in these dark days. I'm also taking comfort from the fact that SRU.UN, which I see as almost bullet-proof (Walmart as a tenant, much less remote-work effect) is also hitting a 52-week low today.

But I'm not quite comfortable enough to average down. Throwing good money after bad, and all that.  

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