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Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s):  ARESF | T.AX.UN | T.AX.PR.I

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

TSX:AX.PR.E - Post Discussion

Artis Real Estate Investment Pref Shs Series E > I don't see the panic...I hear your panic thou.
View:
Post by Income on Sep 26, 2023 12:41pm

I don't see the panic...I hear your panic thou.

Looking at the trading volumes there appears to be orderly selling. In line with what you would expect as LT rates are rising so abruptly. The daily trading volumes have all been 500,000 to 900,000 with the exception of the 15th of September. Big volume UP. 3,500,000 units on that day.
Comment by SNAKEYBOY on Sep 26, 2023 12:46pm
Theres nothing "orderly" about losing 4% in one trading session one trading session
Comment by Income on Sep 26, 2023 12:59pm
We are down 2% on the day. Normal volume.  This too shall pass.
Comment by SNAKEYBOY on Sep 26, 2023 1:03pm
Many reits are down 4% and in "free fall", support levels cut like butter.  
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