Bullboard - Stock Discussion Forum Hudson's Bay Co. HBAYF

Consumer Cyclical

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

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Hudson's Bay Co. > holding for a bit more or taking profits?

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Post by CorporateRebel on Aug 26, 2017 1:38pm

holding for a bit more or taking profits?

people taking profits or you think when the market has time to react to this rumour/news that some shorts will squeeze and more will buy?

14% is hardly reflective of the opportunity a change in management philosophy and strategy brings...

we'll see what happens...i guess

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Comment by shooter1939 on Aug 26, 2017 6:14pm

I intent to hold on and hope for a shot at the mid teen range before I sell some or all of my stock.

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Comment by JobeAustin on Aug 27, 2017 8:43am

I optioned out half holding to pick up some option premium and will sit on the other half. If it hits mid teens, the option gets realized and I still hold half. Great value play. The HBC realestate is just too rich. Especially Manhattan. Brick and mortar is going the way of the Dodo bird. However this Dodo is sitting on a golden egg. cheers Joe

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Hudson's Bay Co.