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Simon Property Group Inc. Message Board

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  • boiler_room_bermuda boiler_room_bermuda Nov 28, 2011 12:57 PM Flag

    Thanks for the demo SPG

    Ok, Mister Retail.

    So how about these regional 'anchors'?

    Big Lots


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    • Dude - I totally agree that there is way too much retail out there and that some of it is going to get scraped and become something else. It's just that Simon doesn't own much of the really bad stuff. I don't know where you were shopping this week, but if it was Goodwill, Big Lots and Ollies, you probably were not at a SPG property.

      You guys (shorts on the board) don't discriminate between different owners - everyone is a fraud and the internet will take down all retail shopping as we know it. Simon isn't going away - get smart and short something else.

      • 1 Reply to bullishstkpkr
      • Personally, I think most companies are above board and do the right thing.

        SPG just isn't one of those. They look every single way but the honest route. 20billion in assets? Really? They've "gained" 3 billion in assets during this real estate mess? Racking up right at 2 billion in deferred long term asset charges?

        The sad part is, they've put themselves in a position of being the next "cream of the crop Healthsouth". Their hole is just too deep, and I'll have no sympathy when they fall in it. I'll probably celebrate.

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