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

Last post was for TJ or whoever you claim to be

[DZtrader]

TJ said   "Of course I'm right. I don't have a Stockhouse degree."

[jmkOttawa]

Mute TJ, for your health. 

[Torontojay]

  Nothing intelligent comes out of Ottawa. 

[EstevanOutsider]

have to think toronto jay might be connected to the hedge fund that is heavily underwater shorting artis. perhaps the fund's macro guru who missaw the rate cuts in canada and is now ratcheting up the bearish doomsday cre talk as he takes a break from his usual macro posts. initially i thought he was just a bored retired guy at home looking for a venue to discuss macro but now i think he might

[Torontojay]

Btw I predicted that Canada will cut rates in June when Frankie asked me for my opinion. Go back and look in the archives or ask Frankie yourself. You are misinformed and spreading false information.     

[DZtrader]

Hey Este, nice to hear from you, even if it had to be in response to TJ's weak arguments. I am not sure what rock this idiot crawled out from under but surely doesn't know what he is talking about. One would think if you are going to be that opinionated you at least would be a little more well informed. Could be that he is spamming boards with his nonsense. I have shown him to be incorrect

[EstevanOutsider]

not sure how influential stockhouse boards are, but i guess you never know in some of these illiquid reits. the guy writes on here non-stop about macro and now warning us to avoid "cre" citing US headline data. we follow it very well, the only weakness is in CRE. even on the bearish St Louis FED update on CRE a couple weeks ago, it showed retail vacancies falling to pre Covid levels as

[jmkOttawa]

That sums it all up very nicely Este..!! Add in a short position that is not insignificant and there may be some short term fireworks on top of the double in the next two years that you are alluding to.

[Torontojay]

You're taking a page out of Joe Biden's book because you're pretty good at manipulating the data in your favour. Joe Biden would be proud of you.  You said retail vacancies are falling and below pre-pandemic levels but then why are property values down 6% for the year and 18% from its peak? That doesn't make any sense. The truth regarding vacancies in Cre's is that it is

[EstevanOutsider]

retail occuancies are at historical lows. plaza, riocan, two names i follow reported all time high leasing spreads with all time high demand. in US, it's the same thing in many parts as builds came to a standstill. artis' ability to sell retail at good price/low cap rates further demonstrates the demand even for tier 2 assets like alberta/winnipeg strip malls. only weakness in "cre

[jmkOttawa]

I think you are right Estevan. I am unable to see TJ since I muted him, but for someone who professes not to own Artis, he posts quite a bit and your thoughts are very possibly spot on. It would totally suck to be short Artis at this time.

[rad10]

  shorting Artis at this level could end very badly.  Still underwater, but DRIPPING and adding new funds