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Simon Property Group Inc. Message Board

  • boiler_room_bermuda boiler_room_bermuda Oct 22, 2013 10:38 AM Flag

    Coach down 7%

    Just another weak point in the retail world of Simon.

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    • Boiler- nice to hear from you - started to think a tsunami had washed you off the island.

      Coach shares traded for about $12 in 2009. After a tough quarter they are worth $48.55 today. Looks like a 4-bagger to me. Coach, like SPG, has had a great run the last few years with excellent long term prospects. Instead of suggesting more end of the world doom and gloom, you should figure out how to buy 1,000 shares (hey, if those SPG short bets have tapped you out, start with 100 shrs) - this is a great buying opportunity. Also like SPG, share price will be up 30% over the next 12 months.

197.26-1.20(-0.60%)Oct 20 4:00 PMEDT