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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

Post by magichour13on Aug 10, 2018 7:16pm
121 Views
Post# 28443325

Forward from here

Forward from hereI've held this stock for nearly two years my avg is $11 which is not bad - my feeling along with a lot of other investestors was the sale or re-development of the real estate.

Whats keeping me hopeful here is; Baker is not a stupid guy. He gets bashed but lets be honest the man knows the retail side of things is dragging this price down and a real estate play is imminent.

I've been in positions like this before where sentiment is negitive and then a plan is announced to turn the company around sending the stock higher.

The pressure is gaining to do something and a catalyst will come - the last meeting had major shareholders express thier feelings. They need to make a move here.
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