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Replying to @orrdavid
Is there a good way within twitter to know what these acronyms stand for? I have to google each one and on my phone it’s a pia
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Replying to @Molson_Hart @orrdavid
@Molson_Hart$WPG is a NYSE mall REIT stock. Its paying out a crazy dividend because 65m+ shares think they are going to cut the dividend......and other investors like me think the shorts are getting hosed.... and amazonification is over estimated. (disclosure Im long long WPG)2 replies 0 retweets 2 likes -
Replying to @deancollins @orrdavid
Thanks Dean. They don't look like high end malls. I wouldn't be long
$WPG. I'd gtfo of that trade.1 reply 0 retweets 0 likes -
Replying to @Molson_Hart @orrdavid
Thanks for your advice.....noted and ignored :)
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Dont take it personally
@Molson_Hart - but im currently at 39% for my trades for the year. But we'll see how we end up with 15 more trading days to go.1 reply 0 retweets 1 like -
Replying to @deancollins @orrdavid
Bravo - I'm not at all and glad to see you're not as well :) I'm no stock trader, just an operator.
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Replying to @Molson_Hart @orrdavid
BTW good article here about why im long
$WPG - https://seekingalpha.com/article/4310902-reit-preferreds-8_5minus-9-yields-thanks-to-sympathy-drop-from-washington-prime-and … even though there are 65m shares short.1 reply 0 retweets 2 likes -
Replying to @deancollins @orrdavid
Is this thesis as follows: 1. People think CBl and wpg are the same and thus
$cbl is dropping 2.$wpg income comes from high end malls now anyways 3. The way$wpg has structured their debt, if their tier b malls fail the lenders won’t be able to go after their tier a malls?2 replies 0 retweets 1 like
When I was on their website every mall on their site was trash, fwiw
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It's crazy how few investors even look at what they're invested in.
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Is that for real? Like people don’t look at the malls? They just look at the numbers? Financial statements put me to sleep.
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