BTB Real Estate Investment Trust BTBIF

BTB.UN $4.40 + / -

[TimeBuilder]

..

[rabnud]

yup from a huge red $$ 5 days ago to a bigGreen $ today amazing

[rabnud]

all reits down today and BTN stays strong  werid but good

[pennydredful]

Fake   buying   the past   few   days  to  suck people in  to  buy   the   4.20   new  issue.  I  smelled   a  rat   and   unloaded in the  4.36 to  4.39    range.    BTB   sees   this   as&

[rabnud]

it really should be illegal to do what they do  glad i sold 1/2  last week when it started to surge wish i sold all  total scum bags

[pennydredful]

the  term   they   use    is " stablizing  the market"  

[Capharnaum]

Oh noes, they issued shares so they could buy more assets and increase the AFFO per share... put them in jail.

[indmuny]

This is modus operandi for BTB. Held this for many years but always hesitate to buy more because I know this is likely to happen anytime. It may be necessary but it doen't inspire confidence to invest when we know they will issue at lower prices when share price gets traction.

[Capharnaum]

It's pretty much how all REITs work to grow. Since they return so much of their income to holders, in order to buy anything significant, they need to raise new money. With the new money and leverage, they can buy additionnal properties to enhance shareholder returns. It may be annoying for shareholders, but you shouldn't get into REITs if you are not comfortable with that practice.

[pennydredful]

As   you  see   today   it  was  all  fake  to  make   people  think  their  getting  a deal  at  4.20  .   I  wll  wait   for    a  clean  up   trade   where   the  underwriters   decide 

[canadian]

The offering is already closed.