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Bullboard - Stock Discussion Forum Plaza Retail REIT T.PLZ.UN

Alternate Symbol(s):  PAZRF

Plaza Retail REIT (Trust) is a Canada-based open-ended real estate investment trust. The Trust is a developer, owner and manager of retail real estate located primarily in Ontario, Quebec and Atlantic Canada. Its portfolio includes interests in approximately 225 properties totaling approximately 8.9 million square feet across Canada and additional lands held for development. Trust’s portfolio... see more

TSX:PLZ.UN - Post Discussion

Plaza Retail REIT > Big volume down here
View:
Post by SNAKEYBOY on Sep 19, 2022 5:11pm

Big volume down here

Some are betting of breakdowns while others are buying it up big.
Comment by HermannHaller on Sep 19, 2022 5:38pm
I got a little bit more at $3.94 today. It didn't stay below $4 for long, I probably should have been more aggressive. I would love to know how much of the volume is just institutions selling a basket of REITs to lower their REIT exposure, vs someone actually thinking about PLZ.UN and deciding the best move was to sell???
Comment by SNAKEYBOY on Sep 19, 2022 9:52pm
We'l never know, but from a technical perspective $4.00 is solid support and 7% yield. Whats there not to like?
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