Commercial Real Estate tic.............tic,,, Message Board

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Strategies & Market Trends : Commercial Real Estate tic.............tic,,,

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From: Smiling Bob	11/26/2008 4:56:00 PM
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Simon Property Group (SPG) NewsBite - SPG Upgraded By Stifel Nicolaus Wednesday 11/26/2008 1:30 PM ET - Freshbrewedmedia Related Companies Symbol Last %Chg SPG 50.95 6.15% As of 4:00 PM ET 11/26/08 Simon Property Group (SPG) was upgraded today by analysts at Stifel Nicolaus and the stock is now at $50.28, up $2.28 (4.75%) on volume of 3,547,163 shares traded. The analyst upped SPG to "Buy" from "Hold." Over the last 52 weeks the stock has ranged from a low of $33.78 to a high of $106.43. Simon Property Group stock has been showing support around $40.57 and resistance in the $53.77 range. Technical indicators for the stock are bullish and S&P gives SPG a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on SPG the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 40 range. ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

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