Wednesday, February 17, 2010

Market Continues to Like GGWPQ

Yesterday's bid for GGP has raised a lot of speculation as to how things will end up.  The market continues to like the news and is speculating that value for GGP shareholders will be higher as the stock moved higher another 7.5% today.  We'll have to just wait and see, but for now it looks good.

We're seeing the quarterly filings come out, and they are always worth keeping an eye on.  In particular, I take a look at Einhorn, Ackman, Buffett, Klarman, Soros and Icahn.  Market Folly does an excellent job in covering these, and you should take a look at that site if you're interested.

I'm still looking to buy quite a few names.  Etrade, Loews, and Forest Labs are probably at the top of my list right now.

Other than that, just enjoying the Olympic Games.  Go USA!

Disclosure: Long GGWPQ, ETFC, L

2 comments:

market folly said...

Thanks for the shoutout, much appreciated! Love the ETFC play (as do many hedgies it seems). Heading in right direction, solid brokerage business, added benefit of possible acquisition target. What's not to like?

Thanks again

@marketfolly

Michael said...

No Problem. I appreciate all the hard work you do for your site. It is definitely a must read. Thanks!