08-21-2013, 02:40 PM
Kerim, we both bought Target on the same day last week, and it has fallen like a rock since then, more than 7 percent by my count from the moment I bought. I hope very much that our agreement about the merits of a stock is not a bearish indicator!
But seriously, the question now is whether to double down. The earnings report and guidance were not stellar, but I feel like today's price drop may be a bit of an over-reaction. I'm inclined to buy some more.
What do you all think?
But seriously, the question now is whether to double down. The earnings report and guidance were not stellar, but I feel like today's price drop may be a bit of an over-reaction. I'm inclined to buy some more.
What do you all think?