True North Commercial REIT T.TNT.UN

Drimmer

[impega]

Looks like Drimmer is intent on buying 3500 shares a day. Add to it the 4200 daily share buyback by the company and one can see the share float getting tighter and tighter.

[flamingogold]

While I am in favour of the buybacks, unfortunately we will scrape bottom until the sentiment changes. Look to MRT.UN which I hold. It's still paying at 4.5% distribution (cut 50% twice already), has ownership of 95% between two billionaires. The buying continues but the available shares are like vapour. Despite all this, the stock languishes near all time lows. Shorts expect zero. The few

[SIGG1]

TF  Timbercreek Financial sounds like a much better buy/hold  Stronger financials and dividend is a 9.6%.  And they recently paid a special dividend on top of it.

[lancebryant]

They are unreal delusional if they think REITS are going bankrupt.  Just beyond insane. Next topic; there is very little held short. Third topic; absolutely true; its all sentiment based. Most of these companies have not fallen more then 20% total pre tax profit.  Many have fallen in revenue if in office space explicitly but honestly its not even that bad. The market is just unreal

[pierrelebel]

"Next topic; there is very little held short." Actually, a May 31, 2024, there were 101,303 units short.  That is about 3 to 4 days trading.