Someday Simon will see a horrific plunge, similar to all your little feeder fish.
I can see $6 to $18 BILLION in market cap eliminated here in rather short fashion. Even then, this thing would still be overpriced.
Dude - SKUL make headphones - probaby sells as much on-line as through retail outlets. No stores of their own. How exactly does a poor sales report support your case that SPG is going to get crushed? And did you check out the Barrons article on BBBY - pretty positive report about a retailer, especially for a publication that has a generally negative point of view about everything.
So you are predicting a $6BB to $18BB decline in SPG market value "in rather short fashion". That's a fairly wide range and a pretty fuzzy timeframe - so let's assume rather short fashion is 60 days? Price when the market opens tomorrow (March 11) is $160 suggesting a market cap of $49.6BB. You are predicting a minimum decline of 12% and as much as 36% or a share price of $141 on the high side and $102 if things really fall apart by May 11. So, that's great - we will watch and see how you do. (Game on!).