Morguard Corp T.MRC

Alternate Symbol(s): MRCBF

Morguard Corporation is a Canada-based real estate and property management company. The Company’s principal activities include the acquisition, development and ownership of multi-suite residential, commercial and hotel properties. The Company has various retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT. Its owned and managed portfolio of assets is valued at over $17.6 billion. The Company owns a diversified portfolio of over 160 multi-suites residential, retail, office, industrial and hotel properties located in Canada and in the United States. The Company also provides real estate management services to institutional and other investors. The Company, through Lincluden Investment Management Limited, offers institutional clients and private investors a broad range of global investment products across equity, fixed-income and balanced portfolios.

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Morguard Corp > Bizarre price movement

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Post by Northforce13on Sep 27, 2024 3:25pm

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Post# 36244570

Bizarre price movement

Todays 7% decline is bizarre

I bought some more

The movement looks and feels like an algo has been set to push it lower

Had I the sufficient financial firepower to step in and take a stand, and take on all comers at this price, I would do so and enjoy the show. I can do this with small companies sometimes and it can be entertaining to smash the algos to pieces when successful.

Interesting

GLTA

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