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[quote=Anonymous]I don't know what to make of Target. If you do a 10 year view of the stock, you see that they trades sideways, hovering between $30 and $50 for the better part of a decade. Then, they had a massive spike up in 2020-2022, making it up to $260ish, before dropping like a hot knife in butter.

During the pride month target fiasco, I read things here on DCUM that both made the case that 1) the stock was dropping before the backlash (true) and then strangely, 2) buy up because the stock is on sale due to the backlash.  It's continued its long slide, blaming the issues on the backlash and theft.

This is why I'm inclined to believe there is something more going on than theft, or backlash for that matter. They aren't offering any context to help understand the massive run-up of the stock, and are pointing to broad political issues that are both probably on the way to improving (ie, corporate activism is way down, voter interest in law and order is way up).  I think they are blaming these issues, which are probably having an impact, but not to the extent that they are claiming, as a sort of diversion from the deeper corporate or economic issues. [/quote]

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