Saturday, April 4, 2026 
PLD still rhymes with AIG
Prologis (PLD) still rhymes with AIG. They both still share the same path of least resistance. Zero.
Let’s take a look at the 15 minute chart of PLD today. Look at that scripted short squeeze. Kudos to whoever is trying to squeeze this one higher. This gimmickry works….until it doesn’t.
Click to Enlarge
Now, lets look at the 15 minute chart of PLD from Septembert 19th. Remember, that was the first day of trading after they announced the ever ominous….”We won’t make earnings, but we are raising our dividend.” Back then, we saw the same scripted short squeeze at the end of the day.
Click to enalrge
Don’t be swayed by short term market manipulations. This one is a zero. The math cannot lie. The math cannot play cover up.
For more analysis on PLD, especially the truth about their new credit facility, see Richard Woon’s blog, Stripnomics.
Speaking of manipulation, as stated here, there is no Chinese Wall in Investment Banking. The fact that there is an attempt to convince the public otherwise is a public relations gimmick.
Peace
[...] Way back when, I mentioned that Prologis (PLD) and American International Group (AIG) would share the same destination. Zero. Like AIG, Prologis (PLD) continues to be attracted, like a magnet, to zero. [...]
Pingback by The Path to Zero Continues | Trade the Picture — February 25, 2009 @ 8:50 pm
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