General Growth Properties Inc. (GGP)

[justthefactsmam]

kinda betwixt and between

with the stock hovering around $13, it seems like the market doesn't know whether or not to believe simon's $9 offer or ggp/bam's $15 counter. unless another bid comes out between now and wednesday's court date, hard to see this moving hard one way or the other.

if the court approves the extension and also approves the bam guarantee, then it seems this stock should settle in the $14's until such time as a better offer is made.

will continuing to troll for news but wednesday may be our next date of interest if the others who have signed nda's also wait for wednesday's court ruling.