More GameStops Possible As Small Investors Flex Muscles
“The cat’s out of the bag on the populism message-board trader,” said Ross Mayfield, investment strategist at Baird. “I think it will pop up again, where and when and in what (stock) I’m not sure. I do think the larger movement is here to stay.”
We know where it’s popping up ..... r/macarmybets
The market is convinced that Amazon (AMZN) is going to kill malls, and as a result, it is pricing Macerich for failure. Its share price is down by nearly 90% over the past years, and as a result, MAC is now valued at just 3.5x normalized cash flow and an 80% discount to our long-term estimate of NAV.
We don’t believe this. We believe in 🍔🍔🍔
Save our malls!!!
Come join us at r/macarmybets 🍔🍔🍔