Post by
EstevanOutsider on Nov 07, 2023 12:20pm
Selling off on WeWork headlines it seems
which TNT doesn't even have exposure too.
Dream does but just one building.
Comment by
BlueJay2020 on Nov 07, 2023 3:10pm
It's the ripple effect. Negative sentiment about the fear of contagion for office credit. I would not be surprised to see this retest the 52W lows, at which point I will be adding to my position.
Comment by
SIGG1 on Nov 07, 2023 3:20pm
We could even see below $1 before the end of this year, tax loss selling and margin calls will send this into a tailspin. Will be even worse if they announce another distribution cut....
Comment by
flamingogold on Nov 07, 2023 5:27pm
You forgot to mention the chasms that will suck their buildings into hell leaving only smokey holes behind.
Comment by
BlueJay2020 on Nov 07, 2023 10:45pm
Only in Vancouver and San Francisco, obviously :)
Comment by
EstevanOutsider on Nov 08, 2023 12:51am
vancouver has the best office fundamentals in north america right now bro. smokey wall holes and eastside junkies hiding in the vestibules and all
Comment by
BlueJay2020 on Nov 08, 2023 9:43am
I was actually referring to tectonic fault lines, not occupancy! :)