streetgainer
Short

More pain to come....

NYSE:MAC   MACERICH CO
Can mall operators withstand the current headwinds?.... not with rising interest rates. That's the nail in the coffin!

Retail Bankruptcies
Negative sales environment
Store closings
Rising interest rates

Shareholders got completely hosed when management rejected SPG's 95.50 per share takeover back in 2015.
Talk about shoulda, coulda, woulda, I doubt this company will ever see 95.50 per share, ever again.
There's a total paradigm shift with the way people shop, horizontal flagship stores are seeing significant pressure from e-commerce. Sears, gone. Toy's R US, gone. RadioShack, gone. Payless, gone, and many more reducing their store footprint. The list goes on... Rue21, The Limited, Game Stop, Ascena Retail (Lane Bryant, Ann Taylor, etc) ... and on and on and on!

Mall operators are F%#@ed!!!
Trade active: 30+ points in the money on my Puts, from when I initialized this trade. Trade still active.
Trade active: The store closing REIT nightmares continue to get worse... http://www.modbee.com/news/business/arti...
Trade active: Yearly low yesterday. More downside to come.
hi this is not a h&s pattern
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@thefreedommatrixdotinfo, I have profited from this short since it was trading from ~$70, you're late in the structure. The pattern was predetermined long ago, by me...
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streetgainer streetgainer
@streetgainer, Click the play button, watch the H&S unfold.
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