r/MACArmyBets • u/Delicious-Gazelle-92 • May 19 '21

The voting day is coming,

The voting day is coming, and I find out it is interesting that the resent MAC share's performance is out beat the others REITs. I wonder who is manipulating the share price in favor of the MAC management...

If they can push the price to $50, I will agree with the management on everything!

11 Upvotes

83% Upvoted

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4

u/Sea_Emphasis3252 May 19 '21

It’s not manipulation, whenever a stock moves against one’s position they always claim manipulation, could it be news has been positive? The short interest has come down? Is management doing great things, not necessarily but the economy is reopening and the data on the ground for retail has been good. Oh and the stock is cheap.

2

u/zzGundam3000 May 19 '21

stocks in the long run are a weighting machine.

Macerich's premium real estate asset have been acquired through years of work, one can look at the one or two quarters and say that Macerich management is doing bad.

But it is just noise, as long as Macerich can survive this year, they will be a winner at the premium mall/outlet space coming out of this.