RE:Sienna smashing the $13 ceiling...$13 was a nothing techincal wall, pure psychological and it sliced through it like a hot knife through butter. The next real wall is a buck higher at $14.20. Lots of air still above.
BlueJay2020 wrote: it was as sure a thing as anything ever can be in the market ...even more impressive on a down day for the markets generally and a number of REITS specifically. A slew of analyst upgrades are helping. We are seeing cash coming off the sidelines.
Let's not forget that this stock was threatening to hit $20 before COVID. Do higher interest rates demand a SP that's around a third lower than that (as, fundamentally, that's the only major thing that's changed)? As interest rates fall, there is plenty room still left to run.