RE:RE:RE:RE:InvestSmarter Keeps Pumping this Risky StockHappy to see you here.
Yes, the liquidity is hard on this one. So buying only what you can hold long term and not trade is important.
Cooper knows everyone that matters. He is good at getting deals done and supporting MPCT, which is very important as we partner up on 49 Ontario. We have made great partnerships with some of the biggest and best: Great Gulf, Kilmer, Westdale, Tricon, Harlow, etc.
He mentioned on the call to get a deal done for MPCT, DRM helped a buyer of one of MPCTs properties by offering the buyer a loan. The reason being the property had a low CAP rate due to density and redevelopment potential so banks are reluctant to provide the full value on such a property.
Looking forward to big Catalysts of 49 Ontario Partnership, and Scarborough Junction sale (Current partners with Harlo Capital and Republic).
EstevanOutsider wrote: picked up 5000 units this morning. tough to buy stock. i was buyin in lots of 100 and not all of them would be fully filled. will prob buy more when my other stuff goes up. found the call really encouraging. impact has a number of catalysts that could be swift movers to the unit price.
cooper is a stud when it comes to getting joint ventures done and he has some very desireable properties in that portfolio....