Post by
thenewsnake on Dec 04, 2023 10:08pm
NOW WE KNOW WHAT THE NCIB WAS STARTED
Exit liquidity for the board of trustees. they should all be dismissed from their positions. what kinda of confidence does this inspire.
Comment by
SIGG1 on Dec 05, 2023 8:04am
probably tax loss selling like everybody else, I'm not losing confidence over it, but of course thedirtysnake is trying to cause people to panic over it....
Comment by
Ladislav3 on Dec 05, 2023 9:52am
Tax loss selling doesn't make sense because half the sales were from Tracey's RRSP. While this is a complete liquidation of her holdings, she also retired earlier this year and her holdings were not particularly significant.
Comment by
ckwong on Dec 05, 2023 10:00am
OK. Soneone is dumping. So what. The share price is rising.If the dumping means investors are running away, who the hell pays more to buy more? NCIB is not the major buyer.
Comment by
garyreins on Dec 05, 2023 11:10am
These people must be dmb to cash out during peak tax loss selling if there's no intention to buy back in.. that or something very bearish is taking hold in their company
Comment by
impega on Dec 05, 2023 11:26am
Garyreigns if you suspect bearish developments here you should trust your gut instincts and sell. Take a look at PRV.UN for a recovery play. They are executing lease renewals at some substantial spreads and occupancy is over 98%.
Comment by
garyreins on Dec 05, 2023 12:54pm
Good day, I own 10x more prv than tnt already. Liquidating tnt when it's basically worthless already seems like a bad idea
Comment by
flamingogold on Dec 05, 2023 8:31am
b.s. statement. The NCIB is utlilized to the max every day for the company's benefit, not for a few employees... and I stress "employees" regardless if they are on the board or not. Follow the billionaire, not a lowly employee.