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Simon Property Group Inc. Message Board

  • bullishstkpkr bullishstkpkr Sep 9, 2013 3:55 PM Flag

    SPG and the Market

    Apparently the SPG shareholders aren't unduly concerned about CONN's weak sales report. Ditto ARO and BONT. They may be looking at Neiman's trading for $6B and Sak's trading for $2.4B as confirmation that the world still wants bricks and mortar retail stores. Ackman dumped his stake in Penney; Mark Cuban invested big time - who do you think is smarter? I'm no Mav's fan, but Cuban's made a lot of nice moves - I like his chances. Another vote for retail - and this one from a guy who made his fortune in the electronic world.

    Sentiment: Hold

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