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Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E ARESF


Primary Symbol: T.AX.PR.E Alternate Symbol(s):  T.AX.PR.I | T.AX.UN

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

TSX:AX.PR.E - Post Discussion

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Post by garyreins on Jun 17, 2024 7:20pm

TJ AND SCROOGE ARE RIGHT

It feels like something is breaking in Canadian financial markets last week.  A technical bounce is due.  If not the full on breakdown assault and final flush is here
Comment by Torontojay on Jun 17, 2024 7:27pm
  Like I said, I would never get any credit for predicting this. I was villainized by everyone much like they did to me on the Urbanimmersive forum. I was eventually proven right, especially my early call in the pandemic that listings were going to crater and that mortgage rates were going to 7-8%.  Once in a while you have to pat yourself on the back for being right.     ...more  
Comment by garyreins on Jun 17, 2024 7:43pm
 Well your predictions aren't right yet... but the way these dysfunct reit securities are trading I think you may be
Comment by Torontojay on Jun 17, 2024 8:07pm
fair point.  I think my prediction on Canada's economy is starting to play out the way I thought it would.  Record bankruptcies in 2024 and unemployment already 130 bps higher than its lows. This is called a recession.  Only immigration and government spending has propped up gdp numbers but soon that will come to an end with a cap on non permanent residents.  Rate ...more  
Comment by DZtrader on Jun 17, 2024 9:17pm
Dude, you come off as someone who is somewhat insecure or low self esteem. Why is it so monumental to you that people praise you or must give you credit? Looks as though other boards are saying the same thing. perhaps its your delivery. I don't want an arguement but it is right up there with the pettiness again and its not like you are making some miraculous call to suggest Canada is going in ...more  
Comment by Torontojay on Jun 17, 2024 9:51pm
Really? Low self esteem? It's actually the opposite. I might be too confident for this board and you don't like it at all.  So far Reits have not recovered after the BOC cut rates. I told you this would happen and it's going to get ugly if we look forward 6 to 12 months from now. Which part of the memo did you not receive? I'm still waiting for the rally.  Btw, the ...more  
Comment by DZtrader on Jun 17, 2024 10:29pm
Its just people that ask or seek credit or pats on the back typically suffer from low self esteem. Personally I could care less, you just seem to seek this accreditation. But as usual when you are wrong you avoid or change the subject like you just did again. First sentance of second paragraph you suggest "cuts", there has been but one cut thus far and it was for 25 bips, not going to ...more  
Comment by Torontojay on Jun 18, 2024 7:45am
What are you talking about? The inverted yield curve is "reasonable" at predicting a recession? It has an almost perfect track record. Saying that it's reasonable at predicting recessions is undermining the power and reliability of this indicator.  Then you go on to say, it seems to have missed the mark at least for now. First of all, we were late at raising rates which is why ...more  
Comment by DZtrader on Jun 18, 2024 9:42am
TJ, you are a fool. I could say worse but will spare you for the sake of this board. I said it is a predictor of a recession and a reasonable one at that. To take that a twist and manipulate it into a message I did not intend is your doing in effort to find ANYTHING you can to poke holes in what I said. I am not sure what your agenda is but I truly have had enough of your foolish gibberish. You ...more  
Comment by DZtrader on Jun 18, 2024 9:57am
...............further to my last comment, I just did a quick search to insure what I was saying about the length of the invertion of the yeild curve was accurate. It was indeed very accurate see caption: July 2022   The part of the Treasury yield curve that plots two-year and 10-year yields has been continuously inverted - meaning that short-term bonds yield ...more  
Comment by Torontojay on Jun 18, 2024 10:36am
Its pretty obvious you are not confident to get it right the first time that you have to "Google" it to prove your point.  Inverted yield curves predict recessions to a very high degree. You were blatantly wrong when you said it was just reasonable at predicting recessions. Change your choice of words next time.  Recessions often happen when the yield curve disinverts but ...more  
Comment by DZtrader on Jun 18, 2024 10:51am
Ha, you're funny. Guess thats the best you can come up with. Again, proven wrong and you still try to twist something. I had no doubts in what I said was correct with regards to the length of the invertion. It was you the wanna be economist who was so far off and didn't even relize this fact. I checked it to ensure accuracy (prudent not doubtful) and to get a more exact duration. Which ...more  
Comment by Frankie10 on Jun 18, 2024 11:09am
My guy DZ called the pico bottom for Artis and gets no love. That's really the only call that matters imho... for as long as the bottom called and bought by DZ holds - DZ is a legend on this board and should be respected for that simple fact.
Comment by garyreins on Jun 18, 2024 11:11am
I call that luck...there was no guarantee manji couldnt have cut dividend, would be a 4 reit.  
Comment by DZtrader on Jun 18, 2024 11:49am
Hey Frankie, thanks for the kind words and support. Like you, I don't seek adoration nor even kudos for anything, just putting out thoughts and opinions. Some people like to try and stir the pot here and when they are wrong they avoid or change the subject and just keep on with the nonsense. It is truly getting tiresome and serves no purpose. I used to enjoy putting thoughts out here but that ...more  
Comment by Torontojay on Jun 18, 2024 11:28am
  Listen buddy, nobody is talking about the length of time the yield curve has been inverted. You are talking to a macro guy that knows exactly when and for how long it has been inverted. That's not the issue. It's the predictive power of the inverted yield curve on a slowing economy further ahead. It did a great job at forecasting the direction and strength of the Canadian economy ...more  
Comment by DZtrader on Jun 18, 2024 11:34am
Ya, what ever you say. Wrong as usual and still try to worm out of things. Change things to suit your means if it makes you feel better, I really don't care. You were wrong just can't admit it. I don't sit here and pound my chest and tell people they should admire me nor pat me on the back. This is so childish dude, grow up. This is a board about Artis. I don't mind engaging beyond ...more  
Comment by Torontojay on Jun 18, 2024 11:58am
You lost the debate when you said the yield curve does a "reasonable" job at predicting a recession. I corrected you and said the yield curve has an almost perfect track record.   
Comment by Frankie10 on Jun 18, 2024 10:19am
TJ has no stake. He adds zero value to the Artis conversation at the company specific level. His existence on this board is a mentally ill scream for help. He lashes out and yearns for praise. Note DZ, he seeks this praise specifically from us - hence why he engages on this board. I have decided to starve the groupie for any attention. I removed his toxic tounge by muting him and all his ...more  
Comment by jmkOttawa on Jun 18, 2024 1:47pm
It's deep insecurity when you're looking for affirmation. Confident people don't seek this or need it. You have been on mute for a long time and are going right back on mute.
Comment by REITman on Jun 17, 2024 11:03pm
What the heck is the final flush?
Comment by Frankie10 on Jun 17, 2024 11:57pm
Samir has a lever in his office. When he announces the SIB, he pulls the lever and this is what is known as the Final Flush of the shorts. lol
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