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

SOLD 1K MORE

[garyreins]

Selling on the way to $9 to have artis position in line with other Reits.   Some tax loss offset.  Seems prudent risk management

[Torontojay]

You never lose when you take profits. 

[garyreins]

There's no profits. It's selling the bounce. 

[babybunny]

Wise to take advantage of this little puff upward, Gary.  We all know it won't last as the Shorts will return with full bellies Tuesday morning.  They have a lot of catching up to do after today.  Prudence ought to be your middle name! Baby Bunny

[houbahop]

This thing is going straight up to $9, imo. Artis buys 250 000 shares every week while Mr. Manji buys 2000. He is leading this REIT to higher grounds. There won't be too many shares in play if 3rd quarter results are better than expected.

[garyreins]

The NCIB is helping propel it and $9 is more properly valued for this reit with manjis approach.  But still many unknowns about affo payout ratio and reit composition and the acquisition