Monday, March 16, 2009

Ackman Misses the Target...

William Ackman (head of has tried to obtain board seats at Target, the struggling retailer (and WMT wannabe).

Hopefully, this works out for him as his fund that invests purely in Target lost 33.33% last year!

However, this move by Ackman seems to be a step in the right direction to reviving his investment in Target.

Only time will tell...


2 comments:

Vishy Santaprakash said...

The 33.33% last year is incorrect. It's 33.33% in February.

PENNY STOCK INVESTMENTS said...

Cannot hit them all.