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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. > What a GONG Show.....lol
View:
Post by 88guy88 on Aug 15, 2019 9:28am

What a GONG Show.....lol

it just gets more and more incompetent day after day......
Comment by Maxmoe on Aug 15, 2019 10:32am
It is shockingly hypocritical for the ‘special’ committee to ask catalyst to extend their offer at the same time warning investors against it. Those ‘special’ clowns have had months to come up with a ‘fair’ valuation. Clearly, even they agree, 9.45 is unfair. How can they caution investors about a bid at 10.11 on the one hand but have no alternative to the insider bid at 9.45 other than wait ...more  
Comment by downwithdotcom1 on Aug 15, 2019 11:36am
you hope that CATALYST will get the full 10%??? i dare say with the spread right now there will be a whole bunch of short term traders that have tendered.--- i say 2x maybe even 3x OVERSUBSCRIBED??? shares currently trading at $9.26.....just feels so engineered to me. As i said for record...still have a few shares after selling into BAKER's initial offer and seeing this as a shortterm ...more  
Comment by Maxmoe on Aug 15, 2019 12:27pm
I say, short term traders don’t hold anywhere near 20 million shares. On average it trades about 150,000 shares per day so for the last month, the entire volume has been less than 4 million shares. The short position at July 31 was 4.5 million shares. Can’t tender if someone has ‘borrowed’ your shares, the short must cover. So yes I Hope catalyst gets their 20 million shares because it will ...more  
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