was like buying a NEW house and the builder used the absolute cheapest materials. Every time you turn around this NEW house needs something replaced and as you do that , you find the cheap components are connected to even more cheap components that only make you want to get out of this place. Worse yet, you find the house was bought on cheap land that was once a dump so not even the foundation is safe.
Think this stock PRSS can not go down any further ? It was down 75% from when I bought it to realize, it can. Since I sold it, it went down another 20%. Oh , the pain , I still feel it.
Target should have remained neutral on the issue rather than to push the agenda to make V-queens and fudge boys governmentally blessed entities.
When a company feels that they have to determine who gets to marry who, and signs off on documents to promote this IMMORALITY on a society that primarily disagrees with this position - THERE IS SOMETHING WRONG WITH THE MORONS AT THE TOP.
I have felt a turnaround would occur at Target but with this type of decision making, one has to question the leadership in power. I may have sold the remains of my position on the $57 dip but if this new CEO doesn't make some heads roll or if he is sympathetic to this agenda - we will see Target go into the downward swirl with the JCP & Wards dark holes.
Pixy Guy is a pathetic fringe wonker that vegetates on this agenda. Once this worms crawls into the picture and is promoted as the norm, it's time to find a new home for the investment capital.
NO - the new CEO can not be blamed for the recent stupidity of the company publically endorsing Gay-ho marriage. If anything , maybe the new CEO can STRAIGHTEN out those who made this proclamation. I think the new CEO officially starts on Monday. As for me, I departed from my long position yesterday. Fortunately, I sold a sizable position at $61 for a profit and sold the rest of my TGT yesterday which was about where I purchased it. Investors can't afford to fight stupidity.
It was definitely a QE-Weird move to have a retail giant to push the warped left agenda. The issue I see is that if bone brained decisions like this will be made in this area, what other knuckle head decisions will Target be making. I have felt Target was going to go places but this indicates they are going the way of JCP. Next thing you know Target will be kissing up to ELLEN and tossing bags of money her way. It's a downward indicator.
I can imagine Target making a blunder on financial matters but why inject official input into the matter of marriage for freak lifestyles. They should stay neutral on the matter and let the politicians sort through that mess. If they can get this stupid , maybe they can get this stupid on other decisions . For all longs, I hope the new CEO can make more sense of what a corporation should be involved with. I am out of this stock and will seek to avoid shopping here.
I do not see why the administration at Target feels they have to declare support for this freak agenda. Staying neutral on this would be the prudent course here and let individuals & government determine the fate of these freaks of nature.
Hey - the old LOB got himself a good short day and is trying to further push down the stock with a non-substantive piece of nonsense. No more loads for the cannon ?
Cramer brought in the chart jesters and pumped this FCX as though $45 was a few days away. Cramer placed every blessing of good fortune upon FCX, as if destiny itself was knowing that FCX would skyrocket. The stock inched and struggled and huffed and puffed. Cramer, Mad Money, and even the beloved Charitable Trust pumped this baby to the max. All of Cramer's horses and men could not even get the stock to get to $40, and then the lag, and more lag. Now all those who heard the twilight music are wondering what happened, or better yet, what will happen ?
Will FCX ever see the light of $40 ? $45 ? Was it all a dream ?
This is the PRE-NEW CEO bad news. In other words, get all the bad news out there before the new CEO arrives next week and then give him the glory, as he cleans up the messes that are actually, already in the clean up process of being corrected.
This is nothing but a major BUYING OPPORTUNITY for the incoming CEO to get his shares cheap and anyone else looking to grow with the finest retail store on the planet.
"NEW YORK ( TheStreet) -- Target (NYSE: TGT) has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures."
This is the initial LIKE that comes from the Cramer crew. Next comes a CEO interview (I think Cramer is already happy with the new CEO pick Brian Cornell) and then the Cramer "BUY,BUY, BUY" . Here's the thing - all that activity may come AFTER TGT stock is above $70 so why wait to buy when Cramer says it's a BUY. Get in on the invigorated stock NOW and enjoy the Cramer bump when it hits $70 and pops to $75. All the while you are invested, garner some healthy dividends.
The masses exited yesterday as Brian Cornell came in. I was shocked at the down turn here yesterday as I have expected this announcement to come with a positive response. Nothing has hit the stock worse than the security breach. I think things seemed to be going well under the interim CEO so a change of venue may have frightened investors.
As you say, Brian Cornell is a legend. He will need time to assess the situation and take appropriate action where needed. I say the changes will be positive. The Canadian fixes and the security fixes are already underway. I'd say Mr. Cornell's job is to clean house at the corporate level by cutting 10-15% of fat, and to preside over the new expansions and fixes already in the works. He will need to be a good spokesman for the company in the public eye. Seems to me that this will be one of the easier jobs in Brain Cornell's career.
The good news - We have a nice buying opportunity under $60 for a brief moment.
Yeah Matt - let's boil this down to this for those who are not yet getting this . . . . ALIBABA is going to make YAHOO stock rise to $50 as ALIBABA is BIG and YAHOO owns a chunk of ALIBABA.
In September ALIBABA goes public under the symbol - BABA.
If you are smart, YOU BUY NOW ! If you are short - YOU COVER NOW !
Could Costco (COST) be eyeing Target (TGT) as the next buyout ?
Target has just committed to expansion to open MINI TARGET stores in neighborhoods. This will be in direct competition to Family Dollar. Target could become to Costco, like Walmart is to Sam's Club.
High dividends at TGT with great growth opportunities.