True North Commercial REIT T.TNT.UN

who is selling at these prices?

[SIGG1]

Why is the volume so high still?
Another 7% drop, give me a break.
This has to be ongoing crosstrades to push the price down. 
This market is so sickening.

[Panic54321]

This is one of the best tax loss selling candidates out there so if someone hasn't taken it yet they're going to the next couple weeks.  basically 75 to 80% loss.  but I agree anyone's crazy to sell it at these levels considering it will come back in Jan.    we really only have to have patience for one more month and then things will at least stabilize.

[InvestSmarter]

Yesterday was the better day to take the loss. Today is the 2nd better day. Still lots of options for other reits to ride up, while getting your CAP loss T4A refund from TNT this year. MPCT-UN.TO as I mentioned yesterday. 10%+ yield, already after a 60% cut. Management has been calling the yield sustainable. Trading at 20% of NAV (90% discount) for a residential focused reit and big NOI

[Panic54321]

Copy that !  I own them all.  There all cheap in there own way. NRR.un also.  I have patience and I really do believe things are going to turn around next year and rates will come down.  Buy now lock in those yields, then ride it out for at least a few years! 

[EstevanOutsider]

impact bags must be heavy to promote it as an alternative to TNT which also has bag holders. between the two i prefer TNT, Dream Office or Allied. good luck on impact which has speculative development risk.