Hudson's Bay Co. T.HBC

Primary Symbol: HBAYF

Consumer Cyclical

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

Hudson's Bay Co. > As I stated earlier today, pigs at the trough.

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Comment by skyplton Jan 19, 2017 8:50am

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Post# 25726906

RE:RE:RE:As I stated earlier today, pigs at the trough.

WRT averaging down, that is growing more complicated for me every day. I have been doing some short term (day) trading on margin. My "realized gain/loss" is showing an ever increasing realized loss as I do something like buy HBC at 9.70 and sell at 9.95, which one would think is a 25 cent gain, but with an average price around 11 shows a dollar loss. Yesterday I bought a bunch at 9.60 hoping it would recover to 9.70...the 10 cent decision was arbitrary and I kicked myself for not paying closer attention and sold at 9.68 (I thought it would be stuck at 9.63) and signed off for the day.

But these are day trades in an attempt to continually pull down the average price for my core holdings. I take solace that when HBC goes to 12 my "realized gain" at that time will cover the "realized loss" I am seeing on paper for now.

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