Post by
canadafan on Sep 18, 2010 1:03am
added to the samll cap index
whit erock was just added to the smal cap index.
This is a simple math calculation based on volume, trading price and market cap.
now that wrk is "in" index funds will more or les have to buy it
note the almost double of volume over the past 2-3 weeks.
WRK will be at or near $20 Jan/Feb of this year, they are thinly traded, doing better each quarter and now in the index!
The perfect strom!
Still 25% lower than the reit industry average ( price/yield).
I have a lot more info, but simce I am the only one posting on here can't be bothered.
Comment by
naysmitj on Sep 18, 2010 9:53am
I have very large positions in both WRK.un and D.un as well as IPL.un (6 figures in each).Wrk is the one I have invested the largest amount on. The 10%+ distribution in place when I purchased acts as a back stop to any big down slide, and I am very comfortable holding this one.Cheers
Comment by
1condor on Sep 18, 2010 6:05pm
I came across this one a few weeks back and took a position..based on the dividend and it definately is undervalued in the sector. I also hold a lot of AX.un with my main holdings being IPL.un and DCI.un.
Comment by
naysmitj on Sep 20, 2010 4:14pm
After the runup last week due somewhat to the small cap index influence....not much of a drop to start the week off with.Might see some higher closes over the next couple of weeks.Cheers