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SmartCentres Real Estate Investment Trust T.SRU.UN

Alternate Symbol(s):  CWYUF

SmartCentres Real Estate Investment Trust (the Trust) is a Canada-based fully integrated real estate investment trust. The Trust develops, leases, constructs, owns and manages shopping centers, office buildings, high-rise and low-rise condominiums and rental residences, seniors’ housing, townhome units, self-storage rental facilities, and industrial facilities in Canada. It is focused on development, ownership, management and operation of investment properties located in Canada. The Trust portfolio features approximately 195 strategically located properties in communities across the country. The Trust’s subsidiaries include Smart Limited Partnership, Smart Limited Partnership II, Smart Limited Partnership III, Smart Limited Partnership IV, Smart Oshawa South Limited Partnership, Smart Oshawa Taunton Limited Partnership, Smart Boxgrove Limited Partnership, ONR Limited Partnership, ONR Limited Partnership I, and SmartVMC West Limited Partnership.


TSX:SRU.UN - Post by User

Post by 3centspluson Mar 29, 2005 12:30am
351 Views
Post# 8822007

For the record

For the record I have never owned any of wyn,s Partners Stock. I do not believe I know any of their directors personally. I sold all my shares in Wyn Before the halt. I or my family have never been short in Wyn nor do I intend to be. I am personally convinced they will have a problem with regulatory bodies sooner than later. This stock traded millions of shares after they released a news release Stating NO material changes. HOW can any stock triple in price, be one of the top traders on the TSX for several days With NO Material changes. I am positive they can not hide behind Shell and this tight hole scenario and IF there was any inappropriate actions here you can go to the bank with the fact Shell will not protect them The positive thing is that it is back trading at higher prices than most of us paid. What should have occurred in my mind is that after several days of heavy trading and moving significantly higher. The President should have found the strength to halt the stock. Make a release that there must have been some leaks that could not be confirmed and the stock would need to stay halted until the rumors were either confirmed or disputed.Protecting himself and the shareholders. Instead they made this silly news release that may cause a lot of problems for this company and its main directors. Some may feel my Stance with Dan the Man ,secord and Tom is a tad harsh. When a president errors or a companies cash flow drops significantly The CEO gets Fired . When the head of pr Does not do the proper things he should be fired. Secord on the other hand is simply too dangerous for any company. I believe these persons Insulted the exchange and all that it stands for. Sadly may have caused themselves non repairable problems. . For the record I do know some of the promoters working for the different companies and I know without doubt they would NEVER have knowingly participated in anything that was shady. I believe this potential mess belongs to one or two specific persons. The only thing that will clean things up is for the exchange to check when these individuals received the logs , Test results and most importantly the insider trading sheets although they may not be able to trace all the selling from Europe, If any. Regards Jim Andrews
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