Hudson's Bay Co. HBAYF

The HBC real estate valuation situation is

[frankstevens17]

becoming a tired and boring story, and has done nothing very positive for the stock price in the last 6 months. I'm afraid those of us who bought HBC shares to cash in on a deeply discounted stock price situation will be as disappointed in the coming months as we have been in the past 6 months. If the real estate is really worth about $35 a share who would buy your shares if HBC suddenly started trading at or near that price, the short answer is nobody because there wouldn't be any upside left for the purchaser. After saying my thoughts on the outlook for this stock I know there's a lot of room between the current price and $35 but a substantially higher stock may take considerably longer than existing shareholders are prepared to wait.