Ponderable

Daniel Miller said:
So what, in a look at the worst part of the graph, the market capitalization went down by $10 billion.
In the last 5 days, Target's market capitalization has gone up by nearly $1 billion dollars. (That was the word you were looking for; "market capitalization," which is the number of outstanding shares multiplied by the stock price.)

It is a volatile stock, so these swings are common. In a volatile retail stock like Target, market capitalization number shift dramatically on a daily basis.

And you still can't find a causal connection between your "boycott," which nobody knows or cares about, and the market capitalization.
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Yes I can, me and my family don't shop there since the trans BS.
So there is your proof and I just caught you lying.
 
Sheriff Joe said:
Yes I can, me and my family don't shop there since the trans BS.
So there is your proof and I just caught you lying.
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Well, I have shopped there since the "boycott," though I had no idea that such a boycott even existed. So I guess we just cancelled each other out.

Dude ... nobody cares about the boycott. If Target's price is down it is because of market pressures caused by everything from the effect of internet sales upon retailers to an overall loss of confidence in the market because of our so-called president's personal instability. Nobody even knows about your silly little boycott.
 
Daniel Miller said:
Well, I have shopped there since the "boycott," though I had no idea that such a boycott even existed. So I guess we just cancelled each other out.

Dude ... nobody cares about the boycott. If Target's price is down it is because of market pressures caused by everything from the effect of internet sales upon retailers to an overall loss of confidence in the market because of our so-called president's personal instability. Nobody even knows about your silly little boycott.
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It isn't my boycott, even after the beat down in November you can't bring yourself to admit who is running things in this country now.
So it is just a coincidence they are down as much as they are from the date they announced they were letting the unstable, confused individuals use the bathroom stall next to my daughter? I don't think so, Tim.
https://www.youtube.com/watch?v=
 
Daniel Miller said:
Here are some problems with the logic of your post:

1. Your numbers are false. The stock never went down by "83 dollars," as you claim. The stock has never even reached a high of $83, unless you use pre-split numbers, and since most people don't have enough experience in valuating pre-split and post-split stocks, I doubt that is the measure you were using. The actual drop of about $14 is consistent with the stock's long history of volatility in price.

2. You are arguing that the boycott was the "cause" of a drop in the stock price, and the "cause" of the decision not to expand. But that is a conclusion that not even the author of the article makes. The author associates the events (the stock price and decision came "amid" the boycott), but does not claim that the boycott was causative. Even 7th graders are taught that "association" does not mean "causation."
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You mean correlation. Are you saying that a stock with a beta of .42 is volatile?
 
Daniel Miller said:
Well, I have shopped there since the "boycott," though I had no idea that such a boycott even existed. So I guess we just cancelled each other out.

Dude ... nobody cares about the boycott. If Target's price is down it is because of market pressures caused by everything from the effect of internet sales upon retailers to an overall loss of confidence in the market because of our so-called president's personal instability. Nobody even knows about your silly little boycott.
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Not true.
 
Daniel Miller said:
So what, in a look at the worst part of the graph, the market capitalization went down by $10 billion.
In the last 5 days, Target's market capitalization has gone up by nearly $1 billion dollars. (That was the word you were looking for; "market capitalization," which is the number of outstanding shares multiplied by the stock price.)

It is a volatile stock, so these swings are common. In a volatile retail stock like Target, market capitalization number shift dramatically on a daily basis.

And you still can't find a causal connection between your "boycott," which nobody knows or cares about, and the market capitalization.
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more like multi-causal. A beta of .42 says the stock is anything but volatile. What are it's options doing?
 
Bruddah IZ said:
You mean correlation. Are you saying that a stock with a beta of .42 is volatile?
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Correlation? Yep, that too. As far as evaluating Target's beta value, are we talking long-term or short-term market swings? Long-term, and adjusting for the retail market sector, I think a .42 is pretty accurate.
 
Sheriff Joe said:
It isn't my boycott, even after the beat down in November you can't bring yourself to admit who is running things in this country now.
So it is just a coincidence they are down as much as they are from the date they announced they were letting the unstable, confused individuals use the bathroom stall next to my daughter? I don't think so, Tim.
https://www.youtube.com/watch?v=
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I don't believe the world's most unknown "boycott" has had any effect on Target's share price. But you just keep on buying at Kohl's if you want to. Nobody cares; least of all the shareholders at Target. Because chances are, they also have shares at Kohl's.
 
Daniel Miller said:
Well, I have shopped there since the "boycott," though I had no idea that such a boycott even existed. So I guess we just cancelled each other out.

Dude ... nobody cares about the boycott. If Target's price is down it is because of market pressures caused by everything from the effect of internet sales upon retailers to an overall loss of confidence in the market because of our so-called president's personal instability. Nobody even knows about your silly little boycott.
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I bought my Super Bowl snacks there last weekend - it's only half as far as 99c store or Smart and Final - and I was headed in that direction anyway.

What was I supposed to be offended about there?
 
Daniel Miller said:
Correlation? Yep, that too. As far as evaluating Target's beta value, are we talking long-term or short-term market swings? Long-term, and adjusting for the retail market sector, I think a .42 is pretty accurate.
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For the range you cited .42 will do. I'd like TGT in my portfolio for a lack of volatility.
 
Daniel Miller said:
I don't believe the world's most unknown "boycott" has had any effect on Target's share price. But you just keep on buying at Kohl's if you want to. Nobody cares; least of all the shareholders at Target. Because chances are, they also have shares at Kohl's.
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Target’s Shares Pummeled on Poor Holiday Results
Phil Wahba
Jan 18, 2017
Target (tgt, +1.51%) has joined the chorus of retailers reeling from a bad holiday season.

The discount retailer on Wednesday lowered its profit forecast for the year after reporting comparable sales fell 1.3% in November and December, as big gains in its online business were dwarfed by stiff price competition and growing difficulty in getting shoppers into stores.

Target shares were down 4% in premarket trading to $68, continuing a long slide since April when they hit a 52-week high.

The hundreds of millions of dollars Target has been pouring into its e-commerce to help it self-cannibalize its sales rather than lose business to Amazon.com (amzn, +0.36%) and a resurgent Walmart.com (wmt, +1.46%) among others took a big toll on its bottom line.

"The costs associated with the accelerated mix shift between our stores and digital channels and a highly promotional competitive environment had a negative impact on our fourth quarter margins and earnings per share,” Target CEO Brian Cornell said in a statement.

Over the holiday season, online sales rose 30%, a re-acceleration in Target's digital business helped by its greater use of stores to ship orders and serve as pick up spots. But it's also clear that Target's success online came at the expense of what Cornell called "disappointing traffic and sales trends in our stores." Target only gets about 5% of its revenues digitally.

Yes, the target tranny policy problem started in April.
 
Sheriff Joe said:
Target (tgt, +1.51%) has joined the chorus of retailers reeling from a bad holiday season.
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Oh, Sheriff Joe. All your article says is that Target "has joined a chorus of retailers reeling from a bad holiday season." It does not say anything about your unknown boycott. It doesn't even mention the word boycott. You got nothing to prove that your so-called boycott caused even one penny of share loss to Target.

Put down the bottle. Open the curtains. Air out your room. Take a shower for God's sake! Admit that you are powerless over politics and that your life has become unmanageable.
 
Daniel Miller said:
Oh, Sheriff Joe. All your article says is that Target "has joined a chorus of retailers reeling from a bad holiday season." It does not say anything about your unknown boycott. It doesn't even mention the word boycott. You got nothing to prove that your so-called boycott caused even one penny of share loss to Target.

Put down the bottle. Open the curtains. Air out your room. Take a shower for God's sake! Admit that you are powerless over politics and that your life has become unmanageable.
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So volatile Danny.
 
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