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

RE:RE:RE:Last post was for TJ or whoever you claim to be

[rad10]

EstevanOutsider wrote: have to think toronto jay might be connected to the hedge fund that is heavily underwater shorting artis. perhaps the fund's macro guru who missaw the rate cuts in canada and is now ratcheting up the bearish doomsday cre talk as he takes a break from his usual macro posts.

initially i thought he was just a bored retired guy at home looking for a venue to discuss macro but now i think he might actually be short given how aggressive his posts have become on ARTIS.

lol. terrible risk-reward in shorting artis. hundreds of millions in asset sales about to close which will transform artis' balance sheet. global rate cut cycle starting. sentiment won't tilt overnight. historically reits outperform after a rate cut cycle starts according to RBC's REIT research.

and on top of it the shorts have to pay a lofty dividend that might turn out safe plus borrowing costs. if sentiment doesn't tilt in the shorts' favor in the coming week or so have to think they'll desperately try to cover ahead of q2 earnings which could include a SIB.

 

shorting Artis at this level could end very badly.  Still underwater, but DRIPPING and adding new funds