Co-produced with Beyond Saving
At High Dividend Opportunities, we identified Washington Prime Group (WPG) as an opportunity that had overcorrected to the downside. Across several articles, we identified why we believed the fundamentals did not call for such a large downswing, why we believed that the dividend would be supported at least through 2019 and possibly even 2020 and beyond, and why the "retail apocalypse" presented a temporary rough patch, not a permanent issue.
Being bullish on WPG has not been an easy position, the pressure brought by bears and short-sellers was significant.