Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Gap filling

[flamingogold]

Could retest $6.32 area. Might set a stink bid around there for more.

[slst]

Ouch...its times like this I dont feel so good.  I was buying 1-2 k at a time then bought 10k at 7.30ish expecting it to explode up any day.....instead it fizzled. This was a long term hold anyway.  Still dont get how BOOK value of $18 trades at 6.50s. when the things look to be normalizing.  Our Vaccines are nearing 100%. Good Luck Longs.

[MTLfinecity]

yeh. Bought lots of shares today. Me neither, it's really a deep value play here. 

[Shirtlessnomore]

Vaccines are nearing 100% ?? Should be a lesson to those who trust the governments words, ontario you cant dine in, many places still closed, areas still in stage 1 for 2 more weeks. 210 and 209 new cases in each of the last 2 days yet they announce "2 more weeks" that's 1 for 70k people in ontario and you still cant get a haircut. That's why these REITs are suffering. The quacks

[slst]

My apologies on the 100% figure.  Canada has administered more vaccines than its population however a third of those are 2nd shots..... Basically a little over a third were fully vaccinated (2 shots) in June and at least 2/3rds had at least one shot.   I think herd immunity is achieve when we go over 70ish %.  One shot is considered partial immunity....So partials reaopenings

[babybunny]

This sort of thing is par for the course for deep value plays.    Expect the stock price to bob up and down for an indeterminate time, then pop up to a new level all of a sudden.  The leap will often have no discernible cause, and will be so fast that wait-and-see momentum investors will be shut out as they jam the entry door.   Under these circumstances, I am satisfied

[flamingogold]

Agree totally. Lots of investors these days only looking for the fast money. Who wants to wait a year when you can make the same money with "diamond hands" in a day or week. Unfortunately, playing the fast money works in both directions including getting wiped out. I am perfectly happy holding a deep discounted, under valued stock that pays me to wait for the slow but steady trend back

[flamingogold]

Testing resistance. Might get a bounce.

[Shirtlessnomore]

I put a bid in at 6.28 today it didnt all get filled but I got 700 shares filled. Nothing huge but I'll take them.