Tuesday, March 23, 2010

Maquire Property rocks!

Oh My!! MPG gets some mileage out of the bears hides today!

Southern California's largest owner and developer of first class office properties gets a bump after their earnings and conference call.

And the market burns some more bears!!! Again!!!

MPG is now a breakaway on the weekly chart!

And once again, the bears messed up another bear case.

Bad commercial property in California? Just give it back to the banks, and keep the good stuff for themselves!

And if General Growth Properties was at .50, and it's now at $16--then where does this number go?

How about higher!!

But I know the bears never want to do their homework, but some might, so here's the transcript of the conference call today.

And I know you bulls don't want to do your homework either, (because who needs to in this market anyways?), so I'll give you the 30 second story.

For you traders, Dan Zanger of the ChartPattern.com picked up over a half a million shares personally for himself. He thinks its the next GGP. (One year he made 29,233% with audited results--yes that's 29 thousand percent).

MPG also has another very brilliant buyer. I'll give you a picture to go with the buyer. But first let me ask you readers a few questions. (Notice the crystal bull on his desk. So next time, when these bears with their crystal balls come flapping, you'll know real crystal balls when you see it!)

Who bought Citicorp under $1? David Tepper of Appaloosa Management.

Who bought Bank of America under $3? David Tepper of Appaloosa Management!

Who made $7 billion for his investors last year? David Tepper of Appaloosa Management!

Who made $2.5 billion for himself? David Tepper of Appaloosa Management.

Who has a pair of bronze balls on his desk? David Tepper of Appaloosa Management.

And who is the largest shareholder in MPG? David Tepper of Appaloosa Management!

Get some balls, and take down this number!

You are in good company!


Anonymous said...

did you take any down?

Palmoni said...

sure did!

Anonymous said...

so at $3.50 is there any resistenence?

Palmoni said...

I really don't think so--on the charts it looks good. With all the volume today, you had daytraders and funds swapping shares back and forth, but in this market, people love a cheap stock and a good story.

Anonymous said...

Thanks, Palmoni! BTW, you said you would let us in on another HUSA like play. Is that still coming?