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Bullboard - Stock Discussion Forum Pure Multi-Family REIT LP PMULF

"Pure Multi-Family REIT LP is a Canada-based real estate investment trust. It invests in multi-family real estate properties focused on luxury resort-style apartment communities in the United States, which offers investors exclusive exposure to U.S. multi-family real estate assets. Its portfolios are in Dallas, Texas, Arizona, Houston, Georgia, San Antonio, Phoenix, and Nevada. Its portfolio... see more

OTCQX:PMULF - Post Discussion

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Post by tomorrow7 on Nov 05, 2017 2:59am

YUCK/

Bought in at the IPO at $8.95,dont know when I will recoup.
Comment by maypeters on Nov 05, 2017 8:12am
You may have meant to say bought deal rather than IPO. I am sure you know the difference between the two.  The bought deal was overalloted. Over the year this stock does this - goes down and drift lower on low volume. Then trends higher. Unfortunately they did two deals one after the other and all the cash on hand lowered the FFO last Q. Mot of the money has now been used for buying new ...more  
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