The Macerich Company (NYSE:MAC)
CAPS Rating:
The Company is involved in the acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States.
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Its 2006 all over again. Speculators are back and really believe that a recovery is here. This MAC is not the Apple computer, it is a company that needs a real recovery in retail business, commercial real estate and banking to remain solvent. This has to happen quickly or this stock will collapse.