WPG - Washington Prime Group: How High Can A Dead Cat Bounce?

Washington Prime Group (WPG) has taken a real beating over the last few months as have virtually all REIT mall owners. And WPG is not in the most advantageous financial situation either with their credit ratings recently lowered. In addition, they were forced to eliminate the dividend to save cash.

I have written about WPG before, "Washington Prime Group: Limited Downside Vs. Big Upside Potential".

In that article, I suggested buying WPG right before the ex-dividend date and holding it for at least another dividend, thereby providing downside protection. At that

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