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The target for Target (TGT) is down

Posted on June 24, 2008

For our 'focus stock of the week', we are playing a major retail name -- Target (http://www.thestockadvisors.com/quote.htm?sym=tgt)(NYSE: TGT (http://www.thestockadvisors.com/quote.htm?sym=tgt)) -- on the downside, says Chris Johnson (http://www.thestockadvisors.com/ccount/click.php?id=2141) in his Insightful Investor (http://www.thestockadvisors.com/ccount/click.php?id=2141). Here's his bear strategy. I found myself thinking about Target's business as I browsed one of their local stores over the weekend. What struck me most was that the store was nearly empty, despite the relatively low p...

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options , trading