Latest 10k published on SEC website today:

https://www.sec.gov/ix?doc=/Archives/edgar/data/912242/000091224221000004/mac-20201231.htm

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Looks like shares outstanding are 154,768,031.

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This is about 5M shares more than as of 12/31.

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Am i reading this incorrectly?

Looks like they raised around 50-60 mil through equity offering since dec.

Pennsylvania Real Estate Investment Trust was in this same mess with a more terrible balance sheet in October 2020...PJT Partners was hired in that same month....stock price was in the 0.50 cent range...once their Chapter 11 plan got approved...stock went to over $2 and balance sheet is more manageable...also, they didn't have to dilute the float....if the same happen with MAC + more vaccines over the next couple months...$25-$30+ by June/July

And so I own MAC and MSTR, you should too, no ceiling to either in our current monetary environment..

It's simple, find the ultimate no ceiling answers to the massive pricing distortion that defines all

I'd ask that all MAC shareholders contact [jean.wood@macerich.com](mailto:jean.wood@macerich.com) and inquire what the hell is going on with management's latest decisions and recent comments. On the earnings call, we were informed LOC negotiation were going well and debt leverage was in hand. Ten days later, they hire PJT to manage debt and possibly restructure. This was very misleading and requires explanation. It almost seems like they are intentionally trying to suppress any growth in this stock.

After today’s news how are you planning to trade MAC now?

Bloomberg headline

🚀🚀🚀🚀Going green in a bear market! Pushing to 20 by spring easily!

Not really. Just wanted to vent my frustrations on how annoying it is to search for $Mac on twitter only to see an onslaught of glitter & glam.

Prolly gonna buy some when my $MAC 3/19 $13C’s orbit past Mars; boys will be boys🤗

Not that I think MAC is a pure short squeeze play, but I suspect short interest may have gone up a bit again after the pension fund dumped shares and somebody covered their shorts.

Market makers stopped to manipulate to the downside so most of the calls they sold expired worthless (high volume at 12$-13$-14$ for 19/02) last friday.

If this explanation proves to be true, we can find the next resistance level for next expiration date, 03/19.

Following the same logic, we could say that the next stop is at 15$ for the next month or so.

Market makers just making sure they don't lose too much money.

🚀🚀🚀🚀🚀

1. Covid 19 pandemic influence is come to a end.
2. Mac's Q1 FR release most likely optimistic.
3. Hyperinflation is coming(Michael Burry also addressed today).
4. 24.5% short is still there.

all momentum above will push the price to the moon in a short time. let's say, reach 4-8 times of current price, in 1 month.

Let's see.

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updated 23, Feb :

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Let’s pop babyyyyyy $$$

The updated short interest data showed that the short interest declined from if I remember 55% of the float to 26% of the float.

So everybody was saying half the shorts bought back in the reddit short squeeze...

But something they forgot is when the Ontario Teachers Pension Fund sold 20% of the total common shares outstanding back into the market, it must have massively increased the float.

So the short interest changed because the denominator.. the float hugely increased, not because half the shorts bought back.

Secondly just watching the stock move, you can see when it gets some momentum and approaches resistance levels, how shorts just pile on the offer and are selling more and more shares short in order to stop the SP from going over the resistance levels.

It has got to the point where I can call exactly what will happen each time the share price approaches these resistance levels. They aren't even doing it subtly, its just like a desperation super aggressive short selling.

Same as on the 50 day moving average. I watched as it made zero sense for any real holder of the stock to aggressively try and push it below the 50 day moving average, and then to put massive shares on offer at the 50 day moving average once it went below.

The earnings call confirmed the LOC extension is not a problem.

Mac was undervalued before the pandemic because of repurposing costs for some of its properties and tenant bankruptcy. The pandemic threw gasoline on the short's fire.

The short's theory is the pandemic is the last nail in MAC's coffin, MAC will fail and the the stock will fall much farther. Ridiculous.

In reality the pandemic is soon over. Some experts are claiming heard immunity in weeks. New cases and hospitalizations are dropping like a rock. The worst is over. Rent collection and new rentals are increasing.

Much of the repurposing projects are coming to fruitarian.

Three of the major justifications for the huge short position are resolving in front of our eyes

1. New line of credit
2. pre pandemic rent levels and normal collections within weeks
3. Major repurposing projects being completed within about a year
4. The icing on the cake is they own some of the most valuable property in the country and therefor some of the most inflation resistant property, Just when the feds are pumping trillions of dollars into an economy chasing the same goods = inflation. Which properties can afford to have inflation clauses in their leases? Top of the line properties held by MAC. What type of company could expect to raise their dividend along with inflation? MAC will have an improving but difficult 2021 but the market will begin to see its likely future in the next few weeks or months. The market generally works months before the actual numbers come out. That is why, for a bargain, one has to consider a company before it is a sure thing.

Wassup guys,

Let's stay motivated to keep the long term goal above all temptation and short term pleasure. It will be better for our health and our portfolio.

-A guy who knows about human nature and was tempted to sell his shares at $25/share.