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General Growth Properties Inc. (GGWPQ.PK) Message Board

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  • madmoneyguru madmoneyguru Feb 24, 2010 1:24 PM Flag

    Why would anyone want to sell now? Why?

    Because if they bought in around $1/share then the upside is limited to around $15/share. It is not very likely SPG will come back with an offer that is double their original offer, so $15 is the neighborhood for now.

    Sure the company should be worth a lot more ($30+) but that is not the neighborhood where they are talking about.


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