OTCPK:HBAYF - Post by User
Post by
skyplton Mar 21, 2017 1:48pm
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Post# 26009016
Some Hard Questions to Ask Oneself
Some Hard Questions to Ask OneselfShort term this stinks.
Sharing some of my thoughts out loud. Be wonderful to hear what others are thinking...
I don't have anything out there on margin and don't need the cash so I don't mind letting HBC sit in my portfolio. How low will it go? Anyone's guess at this point, I thought 11 was the new bottom. Apparently not. I am now seriously questioning if it is time to cut my losses. The trouible is the real estate question. Will the real estate aspect of this company ever come to fruition? Again I do not know. A troubling sign is they were not able to pull it together to swallow Macy's. I actually am not entirely disappointed by this, other than the fact it is an indicator the real estate may not be considered as valuable as it was.
I still think the break up value of this stock to be over 15 dollars, so am holding my nose and holding onto it.