littlejohn
4 years ago
Free cash flow appears that it may have
went up pretty big, Only
Estimating, for 4th quarter...
Company may have left that
out on purpose in 8k filing...
https://www.otcmarkets.com/filing/html?id=14656877&guid=798KUH2Ipt3gJZh
My estimate for free cash
flow is so big from looking
at numbers given that I
don't even dare to post it...
Accounting for one massive and
one large property write down
and Depreciation don't decrease
operating cash flow...aka, free
cash flow...
Folks covering shorts had to
love the 8k presentation...
Cheapies, cheapies, cheapies...
All, IMO, of course...LJ
littlejohn
4 years ago
Hard to believe Reporters for shorts
weren't told to get it done
faster in current climate...
Golly,,, click, click and they
already know results and wait
to put them out...
In a few months when stores
are booming again, the outlook
will change on this...
Shorts will cover then and
drive price higher...
That is a reason to wait...
So we watch...LJ
HokieHead
4 years ago
If there’s still a 60-70m $MAC short on divy payable date in about 10 trading sessions the shorts are on the hook for a cool $9-$10.5m in dividend payments LOL. Get the $GME and $AMC $ here to smack that AND collect a dividend. Win Win! The updated Short Interest is published the next few days.
“Now, short sellers don't venture into our merry land of dividends very often. To play here, and bet against our payers, they are instantly on the hook for dividend payments. (Remember, they are borrowing shares--so they must pony up for, not receive, the payouts.)”
https://www.google.com/amp/s/www.nasdaq.com/articles/5-dividend-stocks-with-1000-short-squeeze-potential-2021-02-03%3famp
Degenerate1206
4 years ago
Dropping a stack on MAC. Actually a few stacks. I try to stay disciplined and buy/hold solid large caps long term. Growth income and value I like em all. Currently starting to write calls and puts on my holdings trying for small weekly gains with little risk. But I am still an intermittent degenerate and with the recent events it is hard to stay out of the casino section of the market. I feel like I am getting a little bit of everything with MAC so I am in today at 13.81.
Reading these boards for years but this is my first post. If my math or research is wrong I know one of you will correct it so chime in if you know better. Keep in mind I am using the same research sites as most of you. If you have different opinions lets hear those too.
SP jumped up last week but then got slammed back down due to that school board stock sale, now today new shares are coming out so dump continues. School board has retirement funds on the line in what used to be a stable income stock. So, of course they are gonna get out at a good price after months underwater. That was the right move for them. But for a few stacks of my non-retirement money I can jump in while they move out.
I might be overestimating a little bit but I see it as 150 mill outstanding shares plus roughly 35 mill new shares with the new shares today, so about 185 mill outstanding on the high end. Last available data shows 78 mill shorted. I am wondering if they used last 3 days to get out or are they doubling down. Betting they probably shorted the most recent pop again. Either way just a little under 50% short even with the 500 mill USD in new shares announced today.
Drop a stack on Mac right now and you get 70ish shares. 1 or 2 million buyers drop a stack in a hurry and thats a large percentage of the outstanding shares. Drop multiple stacks without selling and the supply decreases rapidly. Look at the price action last week. 105 million shares traded hands 22nd to 27th and SP doubled (13-26 at low/high) before the school board sale and more shorts dumped it again on the 28th. There is some press around the stock and a few others are out there promoting the MAC squeeze theory. Recent events show it is possible with some momentum. To me you have a better chance at a squeeze near term while shorts are still in the game and everybody is out there looking for the next one.
If there is no squeeze it will be hard to generate excitement on this one but just chill and hold. For value or income minded investors the 4% dividend at todays price is not bad to collect if you have to sit on it. In my view at worst this would come back the same time as the airlines and cruise ships one of the last sectors to recover. I don’t see it reaching any of its old highs without a squeeze but could still be a double 12-24 months down the line. Biggest risk long term is Corona keeps everything shut down for the next 4 years and you will probably lose that stack. But if not then it should be pretty safe.
So you get some squeeze potential, some post corona recovery potential, and 4% during the wait. You can afford to invest a stack or two for a couple of years if the squeeze doesn’t happen. Especially if you have been banking since the Covid slump last March. If not then you should not even be on this board with your lonely stack. But since you made it this far go ahead and drop it anyway.
PS – For the degenerates the 30 dollar call options for Feb 19th and March 19th could be had for pennies today. Only gamble with what you can afford to lose.
HokieHead
4 years ago
Watch what JP Morgan, Goldman Sachs, Wells Fargo, and DB do for their clients when they assist with the offering. They know the short position and I’m sure their whale clients would love to get in on a GME mover that’s actually a legit company, well MAC is it. They get their clients in, all out Strong Buys on the tickers and $60 targets and they crush the short position the right way. Someone loaded millions of $14s. I averaged down a ton today. Watch how the next few weeks play out.
fuzzy
8 years ago
SANTA MONICA, Calif., Feb. 6, 2017 /PRNewswire/ -- The Macerich Company (NYSE Symbol: MAC) today announced results of operations for the quarter ended December 31, 2016, which included net income attributable to the Company of $ 37.1 million or $.26 per share-diluted for the quarter ended December 31, 2016 compared to net income attributable to the Company for the quarter ended December 31, 2015 of $415.0 million or $2.65 per share-diluted. Included in net income in the fourth quarter of the 2015 results is a $311 million or $1.86 per share gain on selling joint venture interests in four malls. For the fourth quarter, 2016, funds from operations ("FFO") diluted was $180.6 million or $1.17 per share-diluted compared to $186.4 million or $1.12 per share-diluted for the quarter ended December 31, 2015.
stocktrademan
10 years ago
$MAC DD Notes ~ http://www.ddnotesmaker.com/MAC
bullish
good volume
$MAC recent news/filings
## source: finance.yahoo.com
Fri, 21 Nov 2014 23:02:55 GMT ~ NYSE stocks posting largest volume increases
[AP] - A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading: China Green Agriculture Inc. : Approximately 13,288,500 shares changed hands, a 6,591.2 percent increase over ...
read full: http://sg.finance.yahoo.com/news/nyse-stocks-posting-largest-volume-220412869--finance.html
*********************************************************
Fri, 21 Nov 2014 23:02:52 GMT ~ NYSE stocks posting largest percentage increases
[AP] - A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.: Athlon Energy Inc. rose 24.7 percent to $58.27. NiSource Inc. rose 6.8 percent to $41.19. Smart & Final Strs rose 6.5 percent ...
read full: http://sg.finance.yahoo.com/news/nyse-stocks-posting-largest-percentage-175507059--finance.html
*********************************************************
Thu, 20 Nov 2014 23:01:43 GMT ~ Simon Property Seeks Larger Stake in Macerich
[at The Wall Street Journal] - Simon Property Group may seek to boost its stake in mall rival Macerich Co., a move that analysts said could trigger a takeover attempt.
read full: http://online.wsj.com/articles/simon-property-seeks-to-boost-stake-in-macerich-1416406591?ru=yahoo?mod=yahoo_itp
*********************************************************
Thu, 20 Nov 2014 19:37:09 GMT ~ Why The Shopping Mall May Rise From The Dead
read full: http://finance.yahoo.com/news/shopping-mall-may-rise-dead-193709179.html
*********************************************************
Thu, 20 Nov 2014 19:07:08 GMT ~ Consumer Sentiment Finally Hits Historical Averages
read full: http://finance.yahoo.com/news/consumer-sentiment-finally-hits-historical-190708769.html
*********************************************************
$MAC charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$MAC company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/MAC/company-info
Ticker: $MAC
OTC Market Place: Not Available
CIK code: 0000912242
Company name: Macerich Company (THE)
Company website: http://www.macerich.com
Incorporated In: MD, USA
$MAC share structure
## source: otcmarkets.com
Market Value: $10,939,248,780 a/o Nov 21, 2014
Shares Outstanding: 140,715,832 a/o Oct 31, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$MAC extra dd links
Company name: Macerich Company (THE)
Company website: http://www.macerich.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/MAC/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/MAC/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=MAC+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=MAC+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=MAC+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/MAC/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/MAC/news - http://finance.yahoo.com/q/h?s=MAC+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/MAC/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/MAC/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/MAC/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/MAC/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/MAC/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/MAC/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/MAC/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/MAC/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=MAC+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/MAC
DTCC (dtcc.com): http://search2.dtcc.com/?q=Macerich+Company+%28THE%29&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Macerich+Company+%28THE%29
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Macerich+Company+%28THE%29&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.macerich.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.macerich.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.macerich.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/MAC/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/MAC
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/MAC/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/MAC/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/MAC/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000912242&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/MAC/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/MAC/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/MAC/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/MAC/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=MAC&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=MAC
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/MAC/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=MAC+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=MAC+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=MAC
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=MAC
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=MAC+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/MAC/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=MAC+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/MAC.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=MAC
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/MAC/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/MAC/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/MAC/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/MAC/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/MAC
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/MAC
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/MAC:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=MAC
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=MAC
$MAC DD Notes ~ http://www.ddnotesmaker.com/MAC