Washington Prime Group Inc. (fka WPGGQ)

[jugs]

I'm a lifelong writer with an Investor Relations background.

This guy is living in a cloud of "maybe" & "what-if."

Vocabulary aside, there's a lack of cohesiveness that I'm seeing and I'm impressed---albeit not in a particularly pleasant way.

CBL is another REIT redefining the role of malls in America. I took a fling around the turn of the year but found other opportunities more compelling and backed out. My WPG position is very small for me but it will remain so until such time as I see meaningful growth potential moving onto the "I told you it'd work!" stage. A few consecutively profitable quarters won't hurt.

There's no question in my mind but that REITs have been beaten down mercilessly of late. However, I believe that all events in life result from a rational plane. They usually deserve their desserts. lol

The problem, then, comes down to the investor's preparedness to accept things that are versus those eluding easy understanding.


That's my take, for whatever it may be worth. For now, though, I'm here and enjoying the communication.