Morguard Corp T.MRC

Nice Break out over a previous high.

[slst]

What a great trend towards last years high.

Good Luck Longs.  I am riding the subsidiary MRT.un.....still lagging, but trending nicely too.

[pierrelebel]

While "the trend is your friend", my wife and I decided to take advantage of the strong demand for MRC and take our profits by selling our 400 common shares. We still maintain large positions in out TFSAs in MRT.UN and MRG.UN - also posting new 52 week high today. We may purchase MRC again should it drop below $140 in the next few weeks.

[Northforce13]

It's rising for reasons that appear to sync with it going to its prior highs and beyond... i.e. >210, looks like the writing is on the wall, though nothing is ever certain. There's a high probability that you will get that sinking feeling one gets when one sold too soon. Been there so many times myself. Only way I see it going Crusing on my surfboard, riding the wave here -) GLTA

[pierrelebel]

Northforce13 wrote "...There's a high probability that you will get that sinking feeling one gets when one sold too soon." Not really. I am an old man (75) with a high level of discipline towards diversification.  Whenever a position becomes a larger percentage of our overall portfolio, it is reduced.  My wife and I consider MRC, MRT.UN and MRG.UN as one position

[Northforce13]

ERE.UN.  Motive is diversification in Europe. Looks like a REIT set up for suckers who love dividends and diversifications... like you.    Over the very long term ERE.UN will underperform its peer group because its management is motivated to grow the portfolio and not the unit value.  This reit has "pet management companies" attached to it, who get a % of

[pierrelebel]

Northdorce13 wrote three weeks ago "Only way I see it going <140 again is if some weird virus variant pops up that the vaccinnes do not work against and everything has to shut down again for an indeterminate amount of time. " Oh well, three weeks later, the shares are trading at $139 and change. Why the drop? No variant, no new virus, simply one institutional shareholder unloading a

[Northforce13]

Yeppers, stock market sure is fascinating, never ceases to amaze me how anything can happen I picked up some more at 139.50 for my dad's account today, didn't want to miss the boat Guess we will see when that institutional investor (who should be institutionalized) finally runs out of shares to sell Might be some type of quarter end unloading they wanted to do, June quarter is just