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General Growth Properties, Inc Message Board

  • biff_smith1 biff_smith1 Jan 3, 2013 6:52 AM Flag

    Hey Hawk....

    with the news this morning from GGP, does it look like Ackman will be selling his GGP stake?
    Let me answer for you, because you may not be able to figure out plain English.

    Ackman is NOT selling and once again you have shown that "you do not understand all that you know!"
    Enjoy your GGP dividend; coincidentally it is coming today!
    I may go on a cruise. You may be able to afford to have breakfast at Ihop.


    Sentiment: Strong Buy

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    • The release I read said (1) Pershing sold 18 million of their GGP warrants to BAM, (2) announced they were withdrawing their request that the company be sold and (3) were returning to the status of a passive investor.

      I would say that is step one of their exit; but you can read it however you want!

      • 1 Reply to hawkstang
      • Ackman sold his warrants, probably for more than he paid for all of his
        shares of stock, I don't think anyone can blame him for that.

        And you assume that is part of his exit plan? I bet Ackman's exit plan will
        begin 3 to 5 years from now. It doesn't matter; I just wanted to point out
        that you were wrong AGAIN.

        Sentiment: Strong Buy

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