DRI Healthcare Trust T.DHT.UN

Alternate Symbol(s): DHTRF

Healthcare

DRI Healthcare Trust is an open-ended trust that provides unitholders with differentiated exposure to the anticipated growth in the global pharmaceuticals and biotechnology markets. Its business model is focused on managing and growing a diversified portfolio of pharmaceutical royalties to deliver attractive growth in cash royalty receipts over the long term. Geographically, it has a presence in the United States; European Union; Japan, and Rest of the world.

TSX:DHT.UN - Post by User

DRI Healthcare Trust > Not Much for Sale

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Comment by SONOFFERGUSon Jul 11, 2024 7:20pm

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Post# 36129375

RE:RE:RE:Not Much for Sale

Fun and games indeed.

I assume the sales are just shorts blasting through weak retail hands. In the old days, a short seller had to wait for an uptick (as I expect you know). I'm not gonna bother looking, but it sure felt like there wasn't an uptick until mid-afternoon.

IMHO, shorts are simply following the playbook -- sell the F out of an illiquid stock with bad news, 9/10 times make money.

Also IMHO, there is no case for trading less than $13. None. That's a very conservative estimate of the run-off portfolio. Tons of upside. Those who can absorb the volatility will make money. I expect shorts will not be keen to hold through earnings Aug 7 (which will be excellent and the new leaders will deliver comforting words) so covers will be massive. Longs need to keep the faith.

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