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27.1% Return Seen to Date on SmarTrend General Growth Properties Call (GGP)Feb 06, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for General Growth Properties (NYSE:GGP) on October 19th, 2011 at $12.99. In approximately 4 months, General Growth Properties has returned 27.15% as of today's recent price of $16.51. In the past 52 weeks, shares of General Growth Properties have traded between a low of $10.68 and a high of $17.43 and are now at $16.51, which is 55% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.0%. General Growth Properties, Inc. is a real estate investment trust (REIT). The Company owns, operates, leases, acquires and expands enclosed regional shopping mall centers throughout the United States. The REIT, with its operating partnership also has unconsolidated equity interests in other regional mall companies. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of General Growth Properties shares.Log in and add General Growth Properties (GGP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
