Notice: Trying to get property 'slug' of non-object in /home/sgumdev/public_html/wp-content/themes/sgum_2016/single.php on line 44

written by reader IIPR-down

By Vel, October 10, 2019

Travis, Innovative Industrial Properties (IIPR) late Wednesday said it has closed on its $19 million purchase of an industrial property in suburban Detroit containing about 156,000 square feet of leasable space. Any updates from your end.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.



This site uses Akismet to reduce spam. Learn how your comment data is processed.

1 Comment
Inline Feedbacks
View all comments
3 years ago

I sold IIPR a few days ago based on technicals. There has been a volatility squeeze, which makes me think the sell-off is being driven by algorithms, with any news being a trigger for a stock waiting to fall. My chart shows a target of $33, but that would be over time with some rallies along the way. Note that I am fairly new to technical analysis, and the price could go shooting up tomorrow.

👍 11

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info