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Prologis, Inc. Message Board

  • turd.trader turd.trader Nov 24, 2008 4:03 PM Flag

    Right On PLD

    PLD down 12%
    appears to have a way to really pay for future debts and has +90% occupancy.

    GGP up 73%
    appears to not stand a chance in hell to pay for future debts unless they refinance most of it.


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    • Mr. Market is no longer a reliable indicator of stock price. Years ago, before the flood of Short Traders, the rise of ETFs, and the Macro Trader Mr. Market represented Investor sentiment. Now Mr. Market represents Short Traders. So you can have major distortions in price and relative price movement like today with GGP and PLD. It all depends on where Shorts are covering and where they are hanging in. Headlines are more important than the story to Shorts.

42.83+0.27(+0.63%)10:00 AMEDT