I have my money where my mouth is, I AM short the stock. (via puts) Not because of any boycott, but because as I said, $84 is the highest price TGT has seen in many years and is a price area that was soundly rejected in mid-2015 and that is a kind of bet I make all the time on anything that appears to me to offer that type of opportunity. I hope to make enough on my short bet to pay the higher prices for my freaking adult diapers at WMT.
Just kidding.
Probably does not matter so much about your diapers! But my typically once a year visit to this retailer is definitely history. $7 down the drain. Your puts should have you rolling in tall cottons from wallyworld.
Better sell before it hits $9 like Penny’s.