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Sold Sasseur REIT



Sasseur REIT experienced quite a rebound in share price, and surged from 0.64 (Jan 30) to 0.78 (Feb 20).

The reported results were a bit better than forecast. But the rebound seems to be motivated by reasons other than the slightly better than forecasted results.

I have no idea for this price surge. But it did present an opportunity for me to liquidate this position. As mentioned in earlier posts, this is merely part of my rebalancing strategy to get out of high yield (but high risk) stocks.  Nothing against counters with businesses domiciled in China, but their rep ain't the best. 

As they say, a bird in hand is worth two in the bush. In the money is in the money.



All in all, a 5.45% (+$1,597.10) gain over the course of 5 months. It ain't that terrible.

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