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Bullboard - Stock Discussion Forum Sienna Senior Living Inc LWSCF


Primary Symbol: T.SIA

Sienna Senior Living Inc. is a Canada-based senior living provider. The Company offers a full range of senior living options, including independent living (IL), assisted living (AL) and memory care (MC) under its Aspira retirement brand, long-term care (LTC), and specialized programs and services. The Company owns and operates senior living residences in the Provinces of British Columbia... see more

TSX:SIA - Post Discussion

Sienna Senior Living Inc > Patience required
View:
Post by flamingogold on Feb 21, 2024 1:34pm

Patience required

As usual with markets, the way down is a lot more rapid and vicious. Today's great results are producing a nice 3% bump but should be more. Had these results been on the negative side, the drop would have easily been +10%. The most rewards will come to those with patience.
Comment by BlueJay2020 on Feb 21, 2024 9:36pm
Yep, justice wasn't served today, but it may be this week.  I couldn't find anything about these results in the Globe or on BNN, because good news doesn't sell ad space.  It's treated as a REIT, and sentiment still  very negative towards that sector.  Interest rate cuts mixed with earnings improvement on a comp basis plus growth prospects make a great cocktail.
Comment by AmorFatiforlife on Feb 22, 2024 1:47am
Still almost 2M shares short.  Need to get that monkey off our back so they have to cover. 
Comment by JoeBravo1 on Feb 22, 2024 8:44am
Once rates begin easing, SIA and other passive income stocks will rise. I think there's too much gambling money out there moving into high tech flyers.  Not sure when the music stops there, but these investments are safe investments. At least for my taste.
Comment by Mirko22 on Feb 22, 2024 11:03am
i did not have paitence and sold 80K shares but kept 95k shares . With interest rate easing , there is much more upside. \i am keeping my shares.
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