Post by
EstevanOutsider on Dec 03, 2020 9:23pm
See Q3 CC transcripts, Riocan alluded to distribution cut
on question with Tal Wooley:
https://seekingalpha.com/article/4382783-riocan-real-estate-investment-trust-riocf-ceo-edward-sonshine-on-q3-2020-results-earnings?part=single
If you are "surprised" by the reduction you are a moron.
I wouldn't be surprised to see the stock finish green tomorrow after all the stockhouse ballers sell their shares at open to the vultures.
If it dips big I'll sell SRU and buy more Riocan.
Comment by
Bagofhammers on Dec 03, 2020 9:30pm
I hold SRU, but I wouldn't sell them to buy more here. Would simply buy more from my gunnpowder reserve. (sitting on cash waiting for tax loss selling or some other event). But If you are holding AC, that's the one to drop.
Comment by
EstevanOutsider on Dec 03, 2020 10:00pm
there is no tax loss selling season, it's already passed in march. i have a large position in smartcentres and no plan to sell. or riocan. or oil and gas. cheers.