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Have been mulling over a purchase of SKT at these levels. Have owned it in the past. I don't recall why I sold it since I don't keep notes on such things, assume wasn't overly confident in their future. The retail sector still taking some lumps of late.
I have found that in the past when I buy something that is in the cellar it tends to stay there and on the other hand when I buy something that is growing and rising it continues to do so (to a point of course).
Brad Thomas has been beating the drum to buy them for 18 months. Economy pretty well humming along, appears more square feet of retail space will be vacant if we continue the present path....
When I buy a stock I like to keep it long term generally.
What is the path for SKT to grow and prosper? Yield is good.
Thanks for your comments!
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