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

In any case...

[garyreins]

CAD reits appear to make up some lost ground this week even with a stagnant market and rising bond yields.....JUST AS I PREDICTED.   Artificially low for Nov/Dec to get tax loss sellers.  NOW, all we need is that good day rip with CPI or whatever, and  we easily hit Sept highs or July highs depending on the reit.  Will look like this:

HR- $10.60
AX- $7.10
RIOCAN- $20

For the big ones.

Maybe even a head fake a bit higher.....then the MM will feast on their short positions to the unsuspecting money manger that bought into the rally, and before they know it, they are down 20% as they drop the bottom off again