Ackman to Target Shareholders: "We'll Have Our Own Meeting"

Ackman

Now, If you are a shareholder, where are you going to go. Think about it. Target (NYSE:TGT) management has already said they do not feel any changes are necessary and they "just need to manage through the downturn". OR, will you go see what the guy who has successfully implemented changes at McDonalds (NYSE:MCD), Wendy's (NYSE:WEN), Longs Drug (NYSE:LDG)etc.. and, oh yeah, also happens to be the largest shareholder of Target?

Just Where Did All Those Circuit City Shoppers Go?

Sears Holdings

Some interesting trends have emerged since February. Remember when looking at these numbers that Circuit City began the liquidation process in late January.

Ackman Corrects Target's Board

Target

Let's put aside the fact Ackman seems to know Target's bylaws better than they do (or at least pretend to). In the revised 13D/ a just filed, Ackman states:

Should Target get over $35 a Share, Ackman will be in the Money (TGT)

Target

Hedge Fund Manager Bill Ackman has poured millions into Target Corp. (NYSE:TGT) and for him to get back in the green, he only needs Target shares to move another $2.50, $35 a share is the magic spot and with the uptrend in motion, we may get there sooner than later.

Leucadia Discloses Pershing Square Target Losses

Target

Wow... a 82% loss in Target (TGT) for Leucadia (NYSE:LUK)

Ackman Send Letter to Pershing Investor's

Ackman

Ackman feels that like Wendy's (NYSE:WEN) and McDonalds (NYSE:MCD) he will eventually prevail in Target (NYSE:TGT)

Pershing Square's 2008 Annual Report

Ackman

Reprinted with permission of Pershing Square...

Pershing's Bill Ackman Files 13D/A in General Growth Properties

Ackman

Target's (NYSE:TGT) largest shareholder Bill Ackman now has an interest in nearly 25% of General Growth Properties (NYSE:GGP) shares

Drive Thru Retail?

Kmart

Sears Holdings (NASDAQ:SHLD) is trying a radical new retail concept called myGofer

Wal-Mart: Bye, Bye Buyback...

Wal-Mart Inc.

Buried on page 23 of a 10-Q

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