Thursday, August 17, 2006
motleyfOOLZ pump on GGP
Who's Buying Now?
By Tim Beyers (TMF Mile High)
August 16, 2006
most of the article isnt worth reading,, the key notes:
Investing with the General
I'm hardly an expert on real estate investment trusts, or REITs. So I listen up when an expert offers his thoughts; in this case, that expert is Foolish friend Nate Parmelee.(--roflmao!)
General Growth Properties, a REIT specializing in retail and planned communities, managed to stay strong despite missing analyst estimates for funds from operations (FFO), a key measure of operating performance.
Allow me to add insider buying to the list. Since mid-May, Chief Financial Officer Bernard Freibaum has acquired more than 61,000 shares. And the pace has accelerated: More than 40% of his buying was concluded on Monday. Color me intrigued.--HOW ABOUT WE COLOR YOUR GULLIBLE- THEY BOUGHT SHARES WITH OPTIONS,,NOT COLD HARD CASH,, ONLY TOOK 4 SECONDS TO PULL THE SEC FILING.
Explanation of Responses:
( 1) Includes 517 shares purchased under the General Growth Properties, Inc. Employee Stock Purchase Plan for the period January 1, 2006 through June 30, 2006, which transaction was exempt from Section 16 pursuant to Rule 16b-3(c).
By Tim Beyers (TMF Mile High)
August 16, 2006
most of the article isnt worth reading,, the key notes:
Investing with the General
I'm hardly an expert on real estate investment trusts, or REITs. So I listen up when an expert offers his thoughts; in this case, that expert is Foolish friend Nate Parmelee.(--roflmao!)
General Growth Properties, a REIT specializing in retail and planned communities, managed to stay strong despite missing analyst estimates for funds from operations (FFO), a key measure of operating performance.
Allow me to add insider buying to the list. Since mid-May, Chief Financial Officer Bernard Freibaum has acquired more than 61,000 shares. And the pace has accelerated: More than 40% of his buying was concluded on Monday. Color me intrigued.--HOW ABOUT WE COLOR YOUR GULLIBLE- THEY BOUGHT SHARES WITH OPTIONS,,NOT COLD HARD CASH,, ONLY TOOK 4 SECONDS TO PULL THE SEC FILING.
Explanation of Responses:
( 1) Includes 517 shares purchased under the General Growth Properties, Inc. Employee Stock Purchase Plan for the period January 1, 2006 through June 30, 2006, which transaction was exempt from Section 16 pursuant to Rule 16b-3(c).
# posted by tagthatstock @ 5:06 AM 
