Sunday, May 15, 2016

About that Target boycott

Target's stock price fell over 9% in the last month.  Breitbart and the American Family Association are crowing that this decline is due to a boycott by consumers over the company's bathroom policy.  However, this one picture will show that the boycott has had almost no effect on the company's stock price:


Click on image to enlarge

Clue: The red line is the industry average. 

  

21 comments:

Anonymous said...

Sort of like boycotting Walmart.
Many people talk the talk but still walk the walk, into the front doors of Target.

Anonymous said...

I am silently boycotting Target. Used to shop there once a week. Amazon and other area stores are glad to have my business.

Anonymous said...

I wish I had bought Target stock instead of Apple.

Anonymous said...

Rush this out to JT at Supertalk. He was crowing just last week about how the boycott was working and had caused Target a $2 billion market cap loss. Having watched the market as a whole and knowing how it had dropped I assumed that once again the ST 'analytical team' had done about their usual amount of investigating into the drivel that comes out of JT's mouth and through his microphone. I realize that such a fact wouldn't change him from saying anything and that most of his commentary comes about from websites that have no more credibility than The Onion, but still it would be good for him to realize that Target is doing fine regardless of his and Don Wileman's attempt to impact their business.

Anonymous said...

@5:59 PM is clueless about investing, period, if that is the nature of their dilemma.

Anonymous said...

Considering the broad base of stocks in the XRT the comparison is only useful on a very high level. A great many of the companies in the XRT basket are not direct Target competitors.

Anonymous said...

XRT has a far greater number of small and micro caps in it as well. About one-fourth of the etf is specialty retailers. It shares are also favored by those that love to short the sector.

Puddle said...

Last Wednesday I took a leak on one of those big red, concrete balls at Target. Nobody was impressed. One dog headed toward PetsMart stopped to watch, shook his head and continued on. He knew I was doing it wrong.

Anonymous said...

I'm tired of our representatives and the talking heads focusing on the culture/religious wars instead of solving the difficult problems of government.

Burke said...

Amen, 12:03, amen. I don't want to live under Sharia law, and equally I don't want to live under Christian law. We are surrounded by hypocrites and pharisees.

Anonymous said...

12:03, another person agrees. It is time the people who are elected to lead us quit believing in fairy tales. In their spare time they can do what ever they want but forget that when you are at work. Do your job and quit bible thumping.

Anonymous said...

12:39 doesn't want to live under Christian law (which no one is advocating) or Sharia law. 12:39 just wants to deny people of faith from being able to express their 1st amendment freedom of speech. My guess is that 12:39 would have difficulty delineating Pharisees, from Sanhedrin or Essenes.

If the LGBT crowd wants to boycott Christian owned cake shops, have at it. If Christians want to boycott Target, have at it. If the LGBT bullies wouldn't bully states into fining people of faith (although I have not heard of Muslim owned cake shops being fined) then people could just shop where they want to shop and let the free market decide.

Anonymous said...

It would be nice to see officials more concerned about the type of abuse that's obviously happening and happening frequently. It's not the stranger in the next stall that's a high risk- it's a person known to the victim that's most likely to abuse them.

Anonymous said...

And here goes Burke again on another of his idiotic crusades:

"Burke said...Amen, 12:03, amen. I don't want to live under Sharia law, and equally I don't want to live under Christian law. We are surrounded by hypocrites and pharisees."

Burke obviously doesn't know the difference between 'Christian law' and laws written by the executive branch of government and the ACLU.

A Jewish shop-keeper having a right to refuse participation in a religious ceremony that contradicts his beliefs isn't exactly cleaving to Christian Law, now is she?

An atheist who now is not obligated to provide tea and crumpets at a KKK rally is not exactly taking advantage of Christian law, is he.

While Burke riles at the thought of law based on religious principle, he seems quite comfortable with those laws based on nothing more than progressive idiocy that disregards our constitution. But, that's OK since he wants to live in Belhaven.

Anonymous said...

JT IS PITIFUL -
What ever Steve D. says - JT hops & does.

Anonymous said...

I am already boycotting Target for allowing my credit card info to be stolen two years ago. So they don't really know how I stand on this one.

Anonymous said...

Davenport demands the same strict adherence to his agenda as Donner does to her own. Difference is that dissenting opinions (the callers) are allowed with some frequency to be heard on Supertalk while virtually none of the same is tolerated online at the JFP.

The bastion of freedom is here at JJ and that is why KF is #1.







Cue the JJ Troll

Ophelia said...

Unisex restrooms are not such a rarity around the world, as anyone who travels knows. And I will confess that little Ophelia her ownself, arriving at the tail-end (ooops, bad image, sorry) of a lonnnnnnnng line of ladies, squirming and hootchy-koo-ing in mortal anguish---has darted her little eyes left and right like an amateur criminal, spied the clear path to the MEN'S ROOM, and popped right in, to---well, just never you mind. NO big deal. Most women do this all the time, have been doing so for years, with no dire consequences. I think that the result of all these laws may be cleaner mens' rooms, and that's got to be a good thing, right?

Anonymous said...

10:34, please do not confuse the citizens of Ms. Most have never been out of the state, much less to another country.

Anonymous said...

Here they go again with the GD cakes. That argument is almost as ridiculous as these mythic men lurking in the shadows waiting to run in the ladies room to be a "pervert" or expose himself to an "innocent" wife, actual comment from a college educated person this week, has your wife never seen a penis, or virginal daughter. Southern evangelicals could not travel in Europe. I don't recall seeing a single sex bathroom there in the past ten years. However, Gov Barbour told me about a decade ago the "average Mississippian" has never been more than fifty miles from where they were born. I have never known anyone like that. Guess I don't fit the profile. I'm assured they are numerous and real. Can't believe anyone would waste their time listening to the American Family Association. Which is just a ratty building in Tupelo where thirty or so tin foil hat wearing wack jobs work.

Burke said...

Yo, 4:14, don't be dissing me about my Bible knowledge. If I had to profile you, I'd say "Pharisee" would be applicable. I'm pretty much an Essene myself, staying in the house and reading too much. Anyway, here's an assignment: Where does Jesus label homosexuality a sin? Maybe he does. If so, I need to bring my Bible knowledge up to date.

Yes, I'm being disrespectful myself, and I apologize. It's mostly that I worship Jesus, and after a long life I am sad to think that he is sad himself.


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