Whitney Tilson responds to yesterdays latest from Hovde..
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Whitney Tilson responds to yesterdays latest from Hovde..
Key point, Hovde is still short (and getting killed on it).
The rest of the secured lenders will accepted similar terms very soon. Then all that is left is the unsecured and a possible buyout/partner.
Some info….
Ackman and Pershing respond…
Filed yesterday, the more the merrier…
It’s official..
There is another post out this morning that pegs the value of General Growth (GGWPQ) equity in the $5 range. Let’s look at it and talk about what I see as its errors.
I have to believe that this is partially in response to the recent events of this week.
Here is the show on the Hovde “research piece” on General Growth (GGWPQ). Sorry for the screen brightness, I think I have it foxed for the next show.