Re:How Target’s Bathroom Policy Killed TGT Stock
by gamechangr on Thursday July 19, 2018 @09:47PM
(#17571849)
It sounds like Target is trying to do damage control.
"CEO was blind sighted".
http://www.businessinsider.com/target-ceo-blindsided-by-boyc...
In March 2017 TGT was at 53.12. In April 55.85. In early June 56.90. It took a hit late June at 50.76, but by September was already at 59.96.
As of close today it is at 78.46 and they didn't reverse their bathroom policy.
Here are some funny quotes from the referenced post...
"I’m not anticipating an extreme drop in the share price, but I’m definitely not seeing any catalyst on the horizon for the share price to surpass its current trading range"
and "So, though it took a while to materialize, if you followed Crista’s advice to sell TGT stock late last year, it’s looking like a good decision now. TGT stock is headed in the wrong direction, and may still have greater depths to plumb. Good call by Crista!"
If you would've sold on Crista's advice to sell, you would've missed out 59.41 to 78.46 in less than a year!