Washington Prime Group Inc. (fka WPGGQ)

[Enterprising Investor]

Make me a medium-sized bull.

Long since 2/23/18 with a current average cost now of $6.59.

Last year, I was accused of not looking at NYRT from an opposing view. I think it is clear that I was not the only one drinking the Kool-Aid. I have been plowing distributions from NYRT back into more shares. I want to own the liquidating trust units at the lowest possible price. The end game will be the payoff.

I believe there is some risk of the WPG dividend getting cut, purely as a function of all the math involved. If the dividend gets cut and the market price goes down, I probably buy more. At a minimum, I plan to reinvest dividends in the short run.

Management should be buying back stock. It is a no-brainer. However, funds are needed for redevelopment, which leads to long-term survival.