Post by
talladega10 on Jun 07, 2018 9:12am
The recent share price activity tells me
the future for HBC looks bleak so don't waste your time or money on this dog. The Vancouver store sale will probably never get done, even the Asian buyer isn't stupid enough to pay $675 million for a property that has a historical designation and therefore future development is limited. At one time I considered Richard Baker a real estate genius but now he's just another dreamer that doesn't realize retail real estate is overbuilt and overpriced.