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To: Smiling Bob who wrote (240)7/7/2009 11:53:04 AM
From: Smiling Bob  Respond to of 442
 
Macerich (MAC) NewsBite - One Of Today's Top Losers So Far
22 minutes ago - Freshbrewedmedia

Related Companies
Symbol Last %Chg
MAC 16.39 -6.34%
As of 11:52 AM ET 7/7/09

Macerich (MAC) leads the list of top losers so far today and is now at $16.52, down $0.98 (-5.6%) on volume of 501,328 shares traded. Over the last 52 weeks the stock has ranged from a low of $5.45 to a high of $70.98. Macerich stock has been showing support around $16.35 and resistance in the $18.59 range. Technical indicators for the stock are bullish and S&P gives MAC a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on MAC the stock seems like it could be a candidate for a September out-of-the-money bear-call credit spread above the 20 range.

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