(11-02-2019, 04:43 AM)fenders53 Wrote:I’m headed to outlets today. I will spend $500. That should help your SKT stock lol ?(11-01-2019, 10:21 PM)Otter Wrote: Tough crowd.
Hopefully SKT is like the 2018 version of OHI, and experiencing maximum pessimism. At 1.33% of the total dividend income stream, I'm comfortable continuing to bring the cost basis down. If it goes positive again, I may trim it to 1% or less.
Still kicking myself for selling out of OHI completely when my position got back to even.
All joking aside, when the market eventually gets a little rough, SKT at $15 is probably no more risky than some of these blue chips we are holding with PEs about 30% higher than we'd like. SKT management is solid. I've always thought my local Tanger should diversify away from women's apparel somewhat. It sounds like they are doing that at some locations.
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