Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

The game is rigged!

[thenewsnake]

Lets look at what happened today....literally the DIV date, you buy today, you get the juicy fat dividend, equity markets are a bit up...

2-year Treasury yield ends at lowest level in four months after comments by Fed’s Waller

Dovish fed.

Long 10 year bonds down 5 cents continued downtrend


And REITS like artis and other sell off!!!!!!!!!!  Like come on man, what does the market want here? an instant 0.25 cut

[Mongoose1234]

Quickly gary, call the Hardy Boys! you've almost solved the case of the Missing Stock Price Mystery the market wants patience, the market wants to see what is going to happen with office space. how long will it take for employees to come back in a meaningful way? how long and how quickly will interest rates drop in 2024? you may find this a surprise, most people don't just rush in

[thenewsnake]

for the record, I own a diversified reit portfolio of about 10 names and collect a handsome monthly yield net interest/margin costs. However I am looking to captal recycle artis into bigger and better reits that have favorable asset classes, not 30% minnesota office etc and this unfocused hedge fund reit.  it will get me ahead quicker

[Frankie10]

"I own a diversified portfolio comprised of 100% REITs" - snek

[thenewsnake]

We probably have a very similar portfolio minus bitcoin.   We will sink or swim together.

[jmkOttawa]

Love your post Mongoose1234! If the Hardy boys are booked up, I bet Harry Potter could get to the bottom of this ;).