Any high risk stocks you are watching? me WPG

As I explained before, I keep "x" of my trade dollars for high risk stocks. Examples of last year:

Gil: Dropped after earnings from $35, to $23. Purchased @$24. Now at $28 Purchased stock

REZI: Same thing, dropped from 15 to 9... Went back to 12. Purchased calls

QUAD: From 11 to 4... Now at 5 with a divi.. Purchased stocks.

PRTY: From 7 to below 2. went back to 3.


MDR: The highest risk. Only ended with 5% increase due to calls purchased for Jan and they filed BK. STOP LOSS was always set for the stock.... but was naked on the calls.


Now I'm looking for other stocks. One I am watching is WPG.

- Divi stock. Pays 33% which =s .25 per quarter/share

- It's a company that own a TON of malls and is down from 21 in 2014 to 2.89 right now.

- They seem to have found a way to attract highend restaurants and changing up the model a bit and seems to be working.

- Earnings are on the 26th.



WHAT I AM WAITING ON BEFORE PURCHASE:

- earnings. If they are turning the corner, then a few cents per share is ok to lose long term. 10 years.

- the announcement of the DIVIDEND. If they cut it completely out, it will tank and I may not touch it for a bit. If they reduce it, it will tank and I will jump in and hold.

The conference call is on the 27th at 10am. By noon, I hope to have a position and the divi is still there with a better outlook forcasted.



What are you guys looking at?