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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 > someone wanted to dump about 10,000 units!
View:
Post by Robsopinion on Sep 01, 2022 2:42pm

someone wanted to dump about 10,000 units!

This is a low volume equity. remember if someone needs (margin call, other investment) to sell any kind of significant numbers we see a unit price drop temporaily.
Comment by Amgamg67 on Sep 01, 2022 10:16pm
how do you know someone wants to dump there shares? Just wondering
Comment by rabnud on Sep 08, 2022 1:37pm
they dont know its impossible to tell and the average dailty trade volumn is like 4000
Comment by flamingogold on Sep 08, 2022 5:02pm
This stock is tightly held. Personally, I will hold until the next pandemic. OpenTable reveals restaurant reservations in many US cities has surpassed pre-pandemic levels. More people are dining out now than before the pandemic
Comment by rabnud on Sep 12, 2022 4:01pm
Very very Highly manipulated  was trading today as high as 13.87  on 14000  shares and bang right about 5 minutes from closing drops to 13.38   and then closes at  13.89
Comment by flamingogold on Sep 12, 2022 4:06pm
More a case of volume or lack of it than manipulation. As stated previouly, this is tightly held. Available shares are scare so the price range is larger than if it were heavily traded.
Comment by rabnud on Sep 13, 2022 3:29pm
I have seen this same thing right at or near the end of trading ;; never see it with other reits  markets crashing today all stuff down sverely 
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