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Bullboard - Stock Discussion Forum RioCan Real Estate Investment Trust T.REI.UN

Alternate Symbol(s):  RIOCF

RioCan Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, manages and develops retail-focused, mixed-use properties. Its portfolio includes leasing, development, and residential. The Company’s properties are held by various tenants, such as grocery, pharmacy, liquor, personal services, and specialty and value retailers. Its portfolio comprises... see more

TSX:REI.UN - Post Discussion

RioCan Real Estate Investment Trust > TURD IS GETTING A BEAT DOWN
View:
Post by thenewsnake on Dec 21, 2020 3:21pm

TURD IS GETTING A BEAT DOWN

RIOCAN = EPIC TURD
Comment by CANCDN on Dec 21, 2020 3:28pm
Why do you still hold RioCan? At least the swing traders here try to give opinons to push or pump the stock.
Comment by BlueGuitar1 on Dec 21, 2020 3:46pm
Wait until tomorrow...Technical breakdown.  Trading below 200dma on all charts and the MACD is pointing down.  One week ago we were at $18.  Another dollar down by next week is very likely. Sorry.  Just saying. 
Comment by CANCDN on Dec 21, 2020 4:26pm
All that 'technical' cr ap is BS. One week ago, 'technical analyst' were predicting 20. Its all BS. No one knows where this will be tomorrow. 
Comment by Mirko22 on Dec 21, 2020 4:32pm
$10, It is garbage stock
Comment by SirCharlesV on Dec 21, 2020 4:37pm
I can confirm that technical analysis is complete hogwash. Nobody knows whether the stock market in general, or a certain stock in particular, will move up, down, or sideways on a day to day basis. Even the greatest investors of the past century, Warren Buffett, and Charlie Munger can attest to this. Anyone who takes advice from, or pays a subscription for "expert" technical analysis are ...more  
Comment by BlueGuitar1 on Dec 21, 2020 5:25pm
If Technical Analysis is total BS, then why do ALL banks and investment firms have a Technical Analysis department?  Because the purpose of TA is to predict trends. Like they say, "the trend is your friend until it ends".  Also, last week when all the pumpers were claiming $25 by 2021, that was not based on TA, it was based on pumping and being wishful in thinking. 
Comment by thenewsnake on Dec 21, 2020 4:28pm
The REIT correction was expected- they ran up fast and furious in Nov. The question is is this a pullback or a nasty downtrend back to 52 week lows...