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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OTCPK:HBAYF - Post Discussion

Hudson's Bay Co. > My position

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Post by forkliftguy on Dec 03, 2019 9:29am

My position

I only have 1300 shares , which is less than peanuts . I will however only accept the Catalyst offer of 11 dollars or a higher bid from the Baker group . The HBC CEO said a year ago that the real estate was worth 28 dollars a share . 12 dollars a share is reasonable and makes money for everyone . I have had lots of stocks go to zero , so if this happens here , so be it . Baker would lose thousands of times more than me .

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