MDRR ....IF this level holdsREIT.. Some major levels. On watch and a potential long if these holds...
MDRR trade ideas
MDRR LongI want to try this idea, looks like this stock has a short float of 33% I was doing some research and looks like a short ratio of .98 isnt bad to try.
Am experimenting these penny stocks ideas.
first leg of the move i got in before the pop but we see a retest of my $2.99 support if that holds (which i think it will) we'll see it continue
the way i'm playing this is selling half at %100 gains bc i like the fact of owning a RIET especially as covid is closing out
the flag is also over a good amount of time so the move should continue a bit
price target short term from the flag is $4.87
$MDRR PT 18 and higherMedalist Diversified REIT Inc. is a Maryland corporation formed on September 28, 2015. Beginning with our taxable year ended December 31, 2017, we believe that we have operated in a manner qualifying us as a real estate investment trust, and we have elected to be taxed as a REIT for federal income tax purposes. Our company serves as the general partner of Medalist Diversified Holdings, LP which was formed as a Delaware limited partnership on September 29, 2015. Our company was formed to acquire, reposition, renovate, lease and manage income-producing properties, with a primary focus on (i) commercial properties, including flex-industrial and retail properties, (ii) multi-family residential properties and (iii) limited service hotel properties in secondary and tertiary markets in the southeastern part of the United States, with an expected concentration in Virginia, North Carolina, South Carolina, Georgia, Florida and Alabama.
