Hudson's Bay Co. HBAYF

Some good recent posts

[norbu1]

First, thanks to those who posted recently, both informative and objective.  Second, if people are going to rant against Mr. Litt, perhaps those ranters are shorters or they are just complainers.  If you mst rant, rant against the not so fabulous Baker brothers.  I do smell a rat with those brothers.  however, it behooves all of small share holders to compalin to the board.  Why not send in your complaints to the HBC public e-mail address?  If enough of us complain, maybe some positive actions can be taken.  Also, if a special meeting is held and if Litt needs our proxy votes then by gosh, little shareholders must be willing to get off their duffs and do something.

HBC is under valued, Baker brothers seem oblivous to common shareholders' interests and wanting to line their own pockets.  Litt is the only one doing something about this.  

What could be the Baker brothers' motives?  Not sure of the mechanics, but screwing up the market value of HBC and than taking it private would be a first step for them.  The once held privately, they could either re-sell for a huge profit (so 100% of profits are theirs and not 10% of company) or then issue an IPO as a new REIT, thereby making many many more millions than selling out to the Germans/Austrians (which is a good offer under prevailing market conditions, by the way).

Go Litt go, go teachers pension fund go (get in the game!).  Give the Baker brothers hell and lets all make a ton of moolah.

[frankstevens17]

I've read your comment twice and in my opinion the only way the Bakers come out significantly ahead is to keep HBC stock price low, go private, and do another IPO at a much higher stock price selling their own stock back into the market. In my opinion that's not going to happen (HBC management reputation is now damaged goods) so therefore everybody, the Bakers and their supporters

[dublebad]

This post has been removed in accordance with Community Policy

[CaptainConn]

More like Nov 15th is capitulation. I have no faith in this management. They have never uttered a word that has caused the stock go up so i am going to assume the news will be unfavourable and a short attack is coming. Keeping cash on hand to buy the drop..

[MrPumpandDump1]

This stock is set to jump higher or drop. Management scares me but will try to buy on crash dip

[frankstevens17]

I don't think anyone knows where this stock price is headed but for damn certain many of us would like it higher. Personally I have an open sell order at $22.50 but doubt it will ever be filled anytime within the next 90 days.

[CaptainConn]

If this thing even hits $15-16, i'll be running naked in the streets. $22...you are dreaming bro. Hard to win when management is not on your side.