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

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

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Post by garyreins on Apr 23, 2024 9:09pm

MY MOUTH WAS WATERING

AT 10AM when I saw my 12 REIT tickers and XRE spike up with some solid gains, marking a solid 4th day come back, and some names up 2-3%.  But then at 3pm, most tanked hard into the red.  It just reminded me what these "instruments" are used for, fake short rallies and a multi-year downtrend big $ for the shorts, not to mention dividend cuts.  Going into a big ultra short leveraged REIT etf into the April CPI release seems like a sure bet after todays action.
Comment by babybunny on Apr 23, 2024 10:44pm
Those shorts are a cantankerous bunch.  I can explain what happened today. Two of the more prominent shorts arrived around noon for a squash game at the New York Athletic Club.  The guys already in the box wanted another couple minutes to finish up their match, but the shorts weren't having any of it:  one of them poured a pitcher of beer onto the players from the overhead ...more  
Comment by DZtrader on Apr 23, 2024 11:35pm
Don't forget, Powel was there in his own shorts, as was the wall street g00ns, all in their shorts too. A far more likely scenario than anything numb nuts posts. What an absolute clueless class act.
Comment by Panic54321 on Apr 23, 2024 11:46pm
I will tell you DZtrader... I have tried it with the ignore button and without...( several times now ) just better with the button.   ( be different if the comments changed at all, but they've been the same day after day ).  I turn it off from time to time... ( I guess for entertainment ),  but never lasts long.    It's simple reits are cheap buy them ...more  
Comment by jmkOttawa on Apr 24, 2024 8:05am
Could not be simpler, agree. I am in the same camp- turn off the mute button from time to time to chuckle over the latest rant, and if lucky- thoroughly enjoy one of baby bunny's priceless posts!
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