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This is my fourth article on Tanger (SKT). My previous three were bullish but this one is fairly bearish due to the awful 2020 guidance. That said, I will keep a neutral stance as I don't believe SKT's dividend will be cut (not that this is the most important criterion) given its strong balance sheet (second lowest debt in the space), although we might see a credit rating downgrade at some point. As a result, I trimmed a bit more than 3/4 of my position (selling in the very high $15s), booking