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Bullboard - Stock Discussion Forum 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... see more

OTCPK:HBAYF - Post Discussion

Hudson's Bay Co. > Here are some facts
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Post by IwantsumD on Jan 09, 2017 4:21pm

Here are some facts

Year on year Hudson's Bay Co grew revenues 36.64% from 8.17bn in 2015 to 11.16bn in 2016 while net income improved 66.09% from 233.00m to 387.00m. This is the best year on record for the company. This is just the retail market panic selling for no reason as usual. I've never owned this stock before but this is really appealing to me now, record high revenues and a record low stock price. The RSI is currently 16.8 so it's extremely oversold but with more panic I can imagine this breaking under $10 briefly. 
Comment by Allintime1 on Jan 09, 2017 4:36pm
What's taking place here with this hbc stock remindes myself of a another stock I went thru and kept buying all the way to the bottom. In the end it turned out to make me some money. I would buy, it would drop, I would buy more, it would drop...that stock kept doing it over and over again until finally it started going up. A totally different sector but for myself this stock hbc is setting up ...more  
Comment by IwantsumD on Jan 09, 2017 4:48pm
It's classic mob mentality and why 90% of people don't make money trading stocks. They buy into the euoporia as it's going up and sell into the fear. As the great Warren Buffet once said "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." But hey if it wasn't for predictable human psychology the 10 ...more  
Comment by frankstevens17 on Jan 09, 2017 5:34pm
This stock is going lower no matter what you clowns say. I doubt if this stock ever sees $15 again.
Comment by Pivotcatalyst on Jan 09, 2017 5:37pm
you ever get over selling PHM at .22 before it ran to $2  only way you get interaction from others is by trolling SH  nice life