Bullboard - Stock Discussion Forum Inovalis Real Estate Investment Trust IVREF

Primary Symbol: T.INO.UN

Inovalis Real Estate Investment Trust is a Canada-based open-ended real estate investment trust (REIT). The Company is formed for the purpose of acquiring and owning office properties primarily situated in France, Germany, and Spain. The REIT properties are strategically situated in urban areas, generally in close proximity to public transportation. Its France properties include Gaia, Arcueil... see more

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TSX:INO.UN - Post Discussion

Inovalis Real Estate Investment Trust > Will retest 69¢

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Post by flamingogold on Jun 12, 2024 2:01pm

Will retest 69¢

$1 level is broken. That was inevitable and a psycholical level. The shorts will slow bleed this to 69¢. Then, push it down even more.

Panic will set in.
Zero will be feared.
Selling will accelerate.
The bottom will be in.

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Comment by BlueJay2020 on Jun 14, 2024 9:19am

SP also being impacted by Macron calling a snap election in France.

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Comment by flamingogold on Jun 14, 2024 10:02am

If there was to be any impact on SP it would have been the ECB's move to drop rates, which directly affects commercial real estate more than a snap election. A retest of 69¢ was inevitable. You and I both know what it's like to be in a downdraft, when sentiment is gone, when fear reigns and the only thing on the radar is zero. There are no buyers today. The entire commercial reit ...more

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Inovalis Real Estate Investment Trust