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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. > Recovery to $13 gets a 34% profit
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Post by 88guy88 on Jan 11, 2017 9:59am

Recovery to $13 gets a 34% profit

RSI is now 10.28 and that is oversold big time....RBC jumped on the bash wagon this morning along with all the others and has it as a hold now........risk reward is pretty good at this level....worth a punt....good luck folks
Comment by frankstevens17 on Jan 11, 2017 10:11am
After the dreadful recent stock performance HBC management should be completely replaced with a team that has credibility because the current gang will never recover from the mess they've created.
Comment by 88guy88 on Jan 11, 2017 10:15am
Sure they will....just a matter of time....the selling is done basically and they will need to do something to unlock the value....they are so cheap now they will need to worry about being a take over especially for the prime real estate alone....once things settle manangement will do "something" to pop the price again.....
Comment by Pivotcatalyst on Jan 11, 2017 10:18am
JMO do not neglect the fact retail is dead
Comment by Pivotcatalyst on Jan 11, 2017 10:14am
the sector is dead , if you buy hope for some property deal to give it a pop one day  but expect to hold at least 3 months 
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