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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. > Thank you Skyplt
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Post by Marky2 on Jan 24, 2017 8:21am

Thank you Skyplt

For the number that you gave me for IR!! Lol....I called the number last night about 8pm to just confirm that I reached...HBC........After 4 rings a man answered and said hello. This is Elliot speaking....I was dumbfounded because I wasn't expecting anyone to answer.....We ended up talking about HBC and I was asking why they weren't doing more for the shareholders....ie...REIT creation....After apologizing about calling his CELL I told him that I would call today and talk more about the situation....First impression was that Elliot is a very warm intelligent person...am looking forward to speaking with him!   SO TY Sky!
Comment by talladega10 on Jan 24, 2017 8:44am
Good luck with today's call to Elliot.
Comment by Marky2 on Jan 24, 2017 9:19am
Elliot just called me, much to my astonishment.....I guess he had my number on his cell phone from last night...What a super nice guy!! The company is going to be opening 20 stores in the Netherlands within a year....They have been talking about REITs for the last year and a decision has not yet been reached...I told him to why not get a marketwire saying that the Board is studying the possibility ...more  
Comment by skyplt on Jan 24, 2017 9:37am
I would say the first step is to see if the shorts begin covering today.  It strikes me as though we are getting into that zone where traders might wish to minimize their risks.  If that is the case, I do not think 10.50 to be unrealistic.
Comment by trader009 on Jan 24, 2017 10:06am
With the slow demise of Sears I imagine HBC will continue to capitalize on increased sales.....The stand alone retail side of HBC shoud easily garner the current SP valuation therefore the inevitable spin off of the real estate is bonus value.... The shorts of recent will have no choice but to cover.......Making USA great again involves retail sales going much higher on local levels...... Trump ...more  
Comment by talladega10 on Jan 24, 2017 10:45am
I'm certain traditional retailers want more people to think like this, "The Amazon deals were just not good enough to warrant not supporting my local merchants."
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