Dream Office Real Estate Investment Trust T.D.UN

We think it's bad now, but...

[BlueJay2020]

....how much lower is it going to go when tax-loss selling season really kicks in?  Or are we getting close to the capitulation point where most of the bagholders have already thrown in the towel?

We're already mightily close to hitting half of the SIB offer price just a few weeks ago.

For me, I am getting really tempted to add more here in the 7s despite the risk I'm just throwing good money after bad.  The same applies to AP.

[borne2run]

We are already in the season of tax-loss selling.  Smart investors complete their tax-loss sales by the end of October, allowing them to scoop up bargains in late November / December, when the procrastinators finally get around to dumping the losers. Last year the TSX bottomed during the second week of October.  Many stocks never re-visited those lows during the last 2 months of the

[BlueJay2020]

Smart investors? If we were smart we wouldn't have invested in this dog.  Anyway, I hope you're right as I bought more today. :)

[borne2run]

BlueJay, I wasn't predicting any imminent bottom.  Only noted that tax-loss selling is already in swing.  Rate jitters are hammering all interest sensitibve investments.  Preferred share Index hit 52 week lows again this week. Some utility rate reset preferreds are yielding close to 9%, locked in for almost 5 years. Over the past 10 years, the compounded annual return for the

[Frankie10]

brilliant post. As someone who was on a team that tax planned for some of the richest people in Canada, I can confirm tax planning is not a static event at the end of the year - most tax planning is dynamic. Big boys don't wait until December to sell into death when the risk is where it is. Risk management - always.