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Bullboard - Stock Discussion Forum Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern... see more

TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > Be careful badly minipulated stock SRV is !!
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Post by rabnud on May 18, 2022 10:05am

Be careful badly minipulated stock SRV is !!

you watch rhis stock and it goes straight up after  been driven down  then next day driven down on very very few shares traded   (eg) on 1000  shares today on opening its down 24 cents 
when you try to buy as ask  your lucky to get 100 or 200 shares
Comment by flamingogold on May 18, 2022 8:11pm
It's a tightly held stock so it's not unusual for a small lot to artificially move the price. It's the range and the juicy dividend that matters.
Comment by rabnud on May 19, 2022 2:04pm
BS its highly manipulated it was $14 2 days ago and $12.90 today for NO reason
Comment by flamingogold on May 20, 2022 8:05am
The price hit an annual high near the end of the trading day on May 17. That was the last day to buy to capture the next distribution. If you bought, the shares would return 7.6% which, in this moment where many sectors are getting whacked and inflation soaring, is a decent rate. Currently the return is +8%. Demand to dine indoor has come back and we are just about to add to that with outdoor ...more