Post by
7Twiggy on Dec 11, 2020 1:20pm
Looking good
BPY.U shorts up to 4,734,518 on Dec 4 IIROC report. 1,376,039 more than the last report.
Could be some tax loss selling also going on, as the yearly high was $26.38. In spite of this
the stock has been steadily moving up for weeks. Suspect that analyst with the low ball target is selling short. A short squeeze along with regular volume would be nice to see. Don't forget that Brookfield announced it would also buy back up to 10% of its units from I think Sept 2020 to Sept 2021. Another plus is the 8.7% Dividend.
Comment by
sherry532 on Dec 15, 2020 7:08pm
Vaccine is out. Dividend is safe. Other REITs are gaining ground. Even REI.UN distr cut did not matter much. BPY.UN iis just one good day away from recovery. Reat Estate is REAL. With MC around 10B, BPY.UN is a safe bet.