Best Penny Stocks Of 2013 - Update On General Growth properties Ggwpq.Pk
It has been a couple of weeks since the last post on the story of General Growth organizations and Pershing Square's Bill Ackman. By all accounts, equite thing is going as originally speculated.
After a brief run to $3 per share, the stock has pulled back down to $1.65. This is not as a result of any fundamental change, but just the truth the buzz wore off the stock, temporarily. If anything, the recent court rulings and general improvement inside the economy and banking sector bode well for General Growth. The objective of Pershing Square and possibly the bankruptcy court, is to obtain enough time for the credit markets to thaw sufficiently that financing could be extended for the homes in question.
This is the conclusion of the attached presentation. T ... [Read More - Best Penny Stocks Of 2013]
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