General Growth Properties Inc. (GGP)

[millionflair]

Shorts say "No MAS, NO MAS" after GGP NEWS!!!

In response to NYPDBLUE".49x.50. Oh boy Down goes Frazier!Down goes Frazier!"


Like Craps said, .45-.72 sounds good for a range tomorrow. The momo from the middle to end of last week anticipating today's announcement drove us from around .40 to .71 so it could go higher by the end of the week. If it gaps up over .70, it could touch the .80's, but I'd be surprised if it stayed there all day.

Institution confidence will determine where this goes. They could buy up millions tomorrow only to dump on Friday because they are afraid to hold over the w/e. If they hold, I think it could go over .90 and even approach $1 or more by next week.
Then again, I hesitated on Citibank last week at .99 only to have it up over 2.50 today, so what do I know? LOL! I do know the news was good tonight and I will hold for a while longer!!!