PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures T.PRV.DB

Are we going to retest $2.50, this is a turd man

[thenewsnake]

WHATS GOING ON HERE, SICKENING

[Arbutus22]

CFO was buying in August at $5.35. I bought from 3.30-4.80 over past 6 months. PRV has strong management, strong growth and potential for more, with potential buyout well down the road. Didn't think sp would drop to current level again but here we are. This is long term for me, not a trade. Nothing specific to PRV; market negative momentum dragging sp down, along with sp of many other reits. I

[Shirtlessnomore]

And regardless of the virus it did very well even throughout the worst part of it. Mostly essential businesses and real estate. It's a buy for me as well. ...

[shawshank2]

I agree its a good reit but i would go all cash right now as i think we are headed towards another big dip/ crash. The technical bottom has fallen out of all reits and fingers crossed we go to march lows

[Arbutus22]

I can't argue with a risk off move like going to all cash. Staying invested, inherently, presents risk. Still, staying in cash also presents risk of lost opportunity. There are a few issues with removing yourself from the market ... (1) when do you jump back in? Especially now, markets are volatile and unpredictable, swayed by the latest headline. Psychologically, its challenging for many to

[shawshank2]

Given market volatility right now and the fact we have 50% downside from march lows i cant take solice in just collecting a dividend right now and watch my capital depreciate. I think there will be further pain ahead but at some point an environment will present itself when my gut tells me to buy heavy...most likely mid nov or beyond

[Shirtlessnomore]

Shawshank I think you are bang on. There is talks about closures and lockdowns again, school is already in question, new rules today, high new cases, just all a clusterfvck. Cash is king and I'm going to wait further purchasing. I'd rather buy here at 5 bucks and have a more positive outlook then we have right now. This may have a very negative impact on many businesses after many have

[thenewsnake]

Everyone expects a crash next couple months - US election, higher cases, maybe more lockdowns. Too predictable.  That's why, I dare to venture that the market will continue to go up

[Shirtlessnomore]

Shawshank I'm with you on the cash, in moments such as this cash holds great power and I'm convinced we may test the lows or at least get into the 3's so I want some cash to buy. The dividend is great but getting $37 for every 1k shares while it drops a buck isnt too fun to me. Picking my spots as we go. Cheers

[Shirtlessnomore]

I meant to add but have no clue how to edit here that every day has been like April ish this week, the numbers of new cases start rolling in and the jumping ship begins. Now being as I said that it probably wont happen today. Lol. ....