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Hudson's Bay Co. 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 frankstevens17on Dec 13, 2017 9:07am
84 Views
Post# 27145070

RE:RE:RE:Although there is a handful of Litt supporters

RE:RE:RE:Although there is a handful of Litt supportersThe shareholders who think the magic answer to making money with HBC stock lies in the real estate should consider that since Baker has more money at risk than anyone who comments on Stockhouse so ask yourself "why would he purposely jeopardize his own investment" with bad real estate investment decisions. If turning the real estate into a quick profit was simple don't you think he would have already have sold it. The truth of the matter is making a substantial profit on the massive HBC real estate holdings isn't as easy as it appears and yapping dogs like Jonathan Litt are simply a distraction and just add another annoying opinion that Baker has probably already considered. I like the other investors would like to see the stock price at $20 (yes $20 not that ridiculous $35 number) but it's not going to be an easy ride, if in fact it ever happens.
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