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I wrote yesterday and it bears repeating. Do not expect changes in Target’s board or management due to the boycott. Don’t expect a successful shareholder suit to change Target’s management. Don’t expect shareholders to successfully change Target’s management at a shareholders meeting.

81% of Target’s shares are owned by woke institutions investors like BlackRock. Institutional investors control Target and their board. BlackRock is one of Target’s largest investors.

A boycott will work however. A boycott will cause institutional investors to divest. In the process, their profits will be minimized. More than likely they financed Target through purchasing stock long ago and at a much lower price. That minimizes institutional investor’s exposure. The boycott’s intention is to put Target out of business and send a message to other perverted and woke companies that they will be next.

Don’t pay attention to Target’s stock price, although it is nice seeing it plummet. It will be a big fat loss on Target’s income statement when they report quarterly earnings that is important.