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CBL - The Lipstick Fades

The earnings stunk and CBL is showing itself to be a pig in a poke. I don't like these earnings and I believe it will get worse - one of the only rationales for cutting the dividend. The stock is going to get hammered.

Summary

  • CBL's earnings are out - they are not PREIT.
  • Just about everything is worse and they cut the dividend.
  • We aren't happy and we feel duped by management.