SocialPicks Monitor new  |    Stock Idea Community
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
Free Stock Picks by Top Performers
SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.
Top_member_photos
Get free stock picks and email alerts daily
 
Are you a stock guru?

1 pt

Opinion on  General Growth Properties Inc (GGP)     Sector: Services  >  Industry: Real Estate Operations
Retailer bankruptcies and less consumer spending to weigh on mall REIT

Aug 23, 2008 01:03 AM UTC
Return Risk
-4.59% LOW
Analyst

GGP is already down pretty substantially.  However, with more retailers going belly-up and the consumer spendng less, the near-term future looks dim.  GGP's balance sheet is littered with long-term debt, and not much cash on hand...not a good position to be in during a long-term downturn (IMHO, mall reits will be in pain until the median home price in the US has a decent trend up).


GGP:  This call was made on 08/23/08 @ $24.79
Rating:   Negative   $24.79 (08/23/08)
Closed:   09/18/2008 @ $20.93 (+15.57% in 26 days)


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 24.05 +48.81% 160
2 Gerald Greene 19.29 +44.52% 50
3 krprasad 17.43 +19.35% 4
4 The Big Bear 16.54 +43.05% 205
5 David Young 14.11 +14.77% 6


POPULAR STOCKS
Symbol Company Name Sentiment
EBAY eBay Inc
GLD streetTRACKS Gold
JNJ Johnson & Johnson
POT Potash Corp. of Saskatchewan Inc.
DELL Dell Inc
AMZN Amazoncom Inc

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
General Growth Properties Inc (GGP)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
6.0%
Top:
0.0%




Latest Picks by Jason Girard
Symbol SP Sentiment Rating Return Since
ZLC Negative +58.18% 08/24/08
WMT Positive -13.51% 08/23/08
SMS N/A Positive -70.50% 08/23/08
COF Negative +27.96% 07/27/08
LAMR Negative +70.42% 07/27/08

View All >
   




IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch