01-10-2014, 02:31 PM
(01-10-2014, 01:10 PM)hendi_alex Wrote: Info is contradictory, but either 70M additional customers affected or the number affected has been increased to 70M. Either way, not good news for TGT short term. Bloomberg piece said that several law suits have already been initiated.
If shares take a big hit, such that the yield were to move past 3%, I'll definitely grab a few shares in my buy and hold account. I'm not looking for that kind of dramatic action, but have my alerts set just in case.
I said the same when the news first hit. I think the earnings could be ugly for Q4 of 2103 and Q1 of 2014. So far the stock has held up pretty well. Its looking attractive, but I think I'll give it another month or two before I add to my position.