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Hudson's Bay Co. T.HBC


Primary Symbol: HBAYF

Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC joint venture.


OTCPK:HBAYF - Post by User

Comment by TOMMY1on Jan 05, 2017 3:39pm
162 Views
Post# 25672083

RE:Today is either the wash out for HBC or

RE:Today is either the wash out for HBC orHey Frank - are you out now? I reduced my position today and sold HBC 2,400 @ 12.53 and now down to just 600 shares (around 10% down). May buy back in at a later date but we need strong Q4 results for a catalyst - I think the majority of investors don't think this will happen based on the declining share price due to all the doom and gloom surrounding retail at the moment. Until Q4 is released (in March), we may see a steady decline unless there are any positive annoucements in the interim. If Q4 is disappointing then this could get a whole lot worse. Just my opinion.

Good luck!

quote=frankstevens17]the beginning of a drop to under $8 per share in any event it's best to avoid this stock.[/quote]

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