Inovalis Real Estate Investment Trust T.INO.UN

Strong volume today

[BlueJay2020]

Double the average volume, which is very interesting.

I can only imagine that people who are selling losing stocks on the last day for losses are redeploying them into places like Inovalis.    It seems that most holders bailed out before now and we have the bottom feeders hunting.  Complete contrast to TNT which is down double digits - I can't work that out.
I have slightly more TNT than INO, but it's not far off a wash.  I expect both to appreciate steeply in the coming weeks.

[BlueJay2020]

Nice to see the strong close today at almost the intra-day high.  This is thinly-traded stock at the best of times, and even more so the day after the last tax-selling day!  It's difficult right now to purchase in any volume without the price shooting up.   I wonder whether management might consider a share consolidation?  5 or 1 would soon have us near $10 a share